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Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

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Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#51
post #42
post #21

Earlier quoted context omitted.

The 3-year figure was always totally unhinged from the actual useful life of cloud servers. As evidence, please refer to the fact that on EC2 you can still provision a C4 instance with a Haswell CPU made in 2014. In GCE you can still provision an N1 instance with a Sandy Bridge CPU from 2012.

Disclaimer: I'm at Amazon but not in AWS Fair, I was thinking of this in the non-cloud perspective where efficiency improvements can push you to upgrade even if the hardware still works. In cloud provider mode it makes sense to keep it around as long as it still works and it's not too annoying to run. It doesn't really matter how (in)efficient the hardware is because you set the pricing to keep it profitable as long…

[deleted]

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#52
post #2

A 20:1 stock split as well.

This makes the stock price in line with other dow jones stocks, something that Apple did right before it was included in the Dow average. The Dow unlike other indices does not weight by market cap or anything like that it literally uses the stock prices.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#53

Earlier quoted context omitted.

Perspective is weird with large amounts of money. I think human brains are just not good at big numbers. You need something to compare it to, and the big numbers of other companies still leave it completely abstract. Perhaps it might work better with a comparison to a person, like "Alphabet made so much revenue this quarter that, assuming they had no expenses, after a full year, Alphabet would have roughly as much mo…

One perspective: Roughly 10c of revenue for every person on the planet every day.

Not 10c, it's $10 :)

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#54
post #50

Earlier quoted context omitted.

Perspective is weird with large amounts of money. I think human brains are just not good at big numbers. You need something to compare it to, and the big numbers of other companies still leave it completely abstract. Perhaps it might work better with a comparison to a person, like "Alphabet made so much revenue this quarter that, assuming they had no expenses, after a full year, Alphabet would have roughly as much mo…

It's much harder to understand how rich Elon Musk is, because if he tried to sell even a small percentage of his Tesla shares, the value would evaporate. The revenue figures of these companies are more understandable because that is cold hard cash coming in the door

You might enjoy this: https://github.com/MKorostoff/1-pixel-wealth/blob/master/THE...

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#55
post #50

Earlier quoted context omitted.

Perspective is weird with large amounts of money. I think human brains are just not good at big numbers. You need something to compare it to, and the big numbers of other companies still leave it completely abstract. Perhaps it might work better with a comparison to a person, like "Alphabet made so much revenue this quarter that, assuming they had no expenses, after a full year, Alphabet would have roughly as much mo…

It's much harder to understand how rich Elon Musk is, because if he tried to sell even a small percentage of his Tesla shares, the value would evaporate. The revenue figures of these companies are more understandable because that is cold hard cash coming in the door

Just recently I saw a headline about former Bezos wife selling $8B of Amazon stock. Does not seem to have affected the price all that much. She is probably going to have to pay $2B in taxes for that transaction.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#56

Summary: Full year 2021 revenue $257B, 41% year on year growth. Net income $76B, up from $40B yoy. Quarterly: Q4 of 2021 they made $75B revenue, most of it came from Google Search, $43B up from $31.9B in Q4 2020. Youtube $8.6B of ads, Google Network $9.3B from ads. Google cloud did $5B revenue for the quarter, up from $3.8B in Q4 2020. It lost $890m this quarter compared to $1.2B Q4 2020. "Other Services" did $8.1B r…

It's one thing for a midsize company to grow revenue 41% but for a massive global corporation with 156,000 employees to do it is nothing short of astounding.

And this giant, mature company isn't sacrificing margins for top-line growth, they're actually increasing margins at the same time.

Truly breathtaking.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#57

Earlier quoted context omitted.

GCP is a profit center and diversifies the business, why would Alphabet deprecate it?

If at some point it hinders their main biz (ads) they will. Just like they did with rss

Ah, yes, everyone knows that Google killed their highly profitable product in Google Reader to push ads somehow.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#60
post #26
post #2

A 20:1 stock split as well.

I wonder if there is a psychological effect that could push more stock growth?

Increased liquidity. Also option trading is usually in 100 share units, meaning retail investors can now afford more options (e.g. $15,000 vs $300,000 a unit).
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