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
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »
LIVE: Here come Google and Alphabet's earnings - Business InsiderGoogle's parent company reports its fourth-quarter results on Monday. Wall Street is expecting a 21% jump in sales, but a slight decline in earnings. Look at my broker ritenow
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »
Alphabet's stock and sales could get a boost from more transparency - Business InsiderAlphabet doesn't reveal revenue for YouTube or Google Cloud. Here's why new CEO Sundar Pichai would benefit by being more transparent. acfou leading silicon valley arseholes, Page Brin and sundar does what he is told.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »
YouTube ad revenue was 9x more than Google paid to buy it - Business InsiderGoogle paid $1.65 billion in 2006 to acquire YouTube — which had around 65 employees — and called it 'the next step in the evolution of the Internet.' Just wow. YouTube ad frequency is borderlining insanity Who that's amazing how a single investment can appreciate, over the years. A key buy for Google remaining an Industry leader for years to come. A smart and strategic move.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »
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?
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »