Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

abc.xyz

Post reply on HN
Print view View original

71–80 of 132 posts

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#71

Post by evilos »

losteric wrote: post #38
blakesterz wrote: post #28

Earlier quoted context omitted.

I don't know how many others think like I do, but I'd never use GCP. No one will ever convince me that it'll be around in 5 years. I just don't trust them to keep anything they made in the past decade or so going long term. Call me paranoid, call me whatever you want, but I just do not trust their ability to focus on anything anymore.

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

According to top comment it loses money?

> Lost $890m this quarter compared to $1.2B Q4 2020

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#72

Post by friendlydog »

dylan604 wrote: post #69
ProllyInfamous wrote: post #32

Earlier quoted context omitted.

I have used a PiHole ever since I learned that LittleSnitch resolves DNS queries (to IP) before the dialog prompts whether to Allow/Deny a connection to the unlisted host. It is an added bonus that I can route my entire subnet to the local PiHole, which prevents rogue software/OS/devices/phones from initiating undesired connections. If you know how to make a few simple IPfilter rules, you can even stop hard-coded dev…

How do you keep the level of service from PiHole once you leave your local network?

Run it locally on docker.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#73

Post by deltree7 »

kevan wrote: post #42
jeffbee wrote: 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…

It's not that simple. Every rack that is sitting there is an opportunity cost for another efficient or more profitable rack. So, there has to be smart calculation to make the keep/upgrade decision

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#74

Post by guyzero »

blakesterz wrote: post #28
maattdd wrote: post #15

Google Cloud revenue is only up 30% YoY, which seems really low considering the marketing and the focus on it (and the growth of the competitors).

I don't know how many others think like I do, but I'd never use GCP. No one will ever convince me that it'll be around in 5 years. I just don't trust them to keep anything they made in the past decade or so going long term. Call me paranoid, call me whatever you want, but I just do not trust their ability to focus on anything anymore.

GCP is making 10-year sales deals, so it better be around in 5 years.

https://redmonk.com/jgovernor/2020/07/31/google-clouds-expan...

"GCP has recently announced a number of ten year transactions including wins at Deutsche Bank, Mayo Clinic, and Sabre."

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#75

Post by im3w1l »

jeffbee wrote: post #17
endisneigh wrote: post #3

Man, Google’s poor search results sure do pay well /s. I wonder if Google will make any big acquisitions this year

Not sure if sarcasm or not. These results demonstrate that the HN zeitgeist about the utility of Google is not related to its actual utility to the public at large.

Product quality is a leading indicator of profit. If the HN perception is accurate, then it will be a problem in the long term.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#77

Post by dekhn »

mupuff1234 wrote: post #65
im3w1l wrote: post #62

Earlier quoted context omitted.

Can you explain why operating income is better and why you are bringing up walmart?

It's gives a better understanding of what's the bottom line after expenses. You could have a ton of revenue, Walmart for example, but if you have razor thin margins that revenue won't necessarily translate into giant piles of money in the bank, which in the end is what most businesses are after.

I think Amazon was different from Apple and Google in that on the way up, they intentionally managed their cash flows to sort of keep their margins small (always investing extra cash into growth). Walmart is that, but to an extreme. They could sort of just make money on the interest of their cash flow (I'm not an economist or accountant, so that is probably not true)

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#78

Post by option »

panarky wrote: post #56
carlsborg wrote: post #24

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.

They earned their monopoly position.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#79

Post by endisneigh »

sixothree wrote: post #31
NotAnOtter wrote: post #10

Earlier quoted context omitted.

Google is many things, but poor search results is not one of them. Still the best search engine around, being too good is the problem most people have

Not in my day-to-day work. The deterioration is very clear.

how so?

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#80

Post by panarky »

option wrote: post #78
panarky wrote: post #56

Earlier quoted context omitted.

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.

They earned their monopoly position.

Real monopolies like Comcast and Waste Management lock up markets so consumers don't have a choice.

Google has to re-earn their position every day since competitors are only a click away.

Post reply on HN