could be viewed as a bold statement from Sundar Pichai, the newly crowned CEO of Alphabet.
But Google has largely refused to give details on the performance of YouTube, its cloud business, or other elements of its operations that were thought to be significant factors in its financial results. That made it difficult for analysts or investors to evaluate those businesses. The new disclosures were welcomed by analysts and investors beyond Bellini. The fact that YouTube brought in $15 billion in ad revenue last year impressed Dan Morgan, a senior portfolio manager at Synovus Trust, which owns Alphabet shares.
And some of the finer grained details in the earnings update weren't so great either. The company's core search business grew by less than 17% in the fourth quarter and by just 15% in all of 2019, a marked slowdown from earlier periods. Meanwhile, the fourth-quarter operating loss posted by the company's other bets swelled to $2 billion from $1.3 billion in the same period a year earlier, while revenue only increased by 12% to $172 million.
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Google Parent Posts Disappointing Earnings but Discloses New YouTube, Cloud DetailsAlphabet posted lower than expected revenue but pulled back the curtain on some of its operations outside of search, for the first time disclosing results in areas including YouTube and cloud computing. Yes, 43 billion in quarterly revenue is so awful. sarcasm We need an good alternative to YouTube badly! and Vimeo is not it, so far at least
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »
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Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
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Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
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Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
YouTube ad revenue hit $15 billion in 2019, Google reveals - Business InsiderFINALLY: Google just revealed YouTube's ad revenue, 14 years after acquiring it, and the video site brought in $15 billion last year Still waiting for them to activate my AdSense on YouTube...😒 Whoa!!!! don't care about their revenue. what did they pay in taxes?
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »