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28-07-2021, 02:02 PM
https://techcrunch.com/2021/07/27/alphab...-grows-54/
To be early to the game, you also need to stay in the game.
Alphabet is still very early, in Cloud, YouTube, Hardware (Pixel, Chromebooks), Enterprise Software (Workspace; formerly G-Suite). I think Sundar done a good job refocusing the organization along the appropriate growth vectors.
Pixel 6 is shaping up to be one of the more exciting Google hardware product to be announced in recent years; with rumoured in-house designed ARM SoC (Whitechapel) and 5 years of guaranteed software support (https://www.androidguys.com/news/google-pixel-6/ ; https://www.techradar.com/sg/news/google...ust-follow).
IMHO, not investment advise.
Peace.
(vested)
Quote:Alphabet crushes Q2 earnings estimates as Google Cloud cuts losses, grows 54%
Today after the bell amidst a deluge of major technology company earnings reports, Alphabet reported its own second-quarter performance. The search-and-services company posted revenues of $61.9 billion in the June 30, 2021 quarter, net income of $18.5 billion, and earnings per share of $27.26. Those figures work out to top-line growth of 62%, and net income expansion of 166%. Naturally Google is currently being compared to pandemic-impacted Q2 2020 results, but its gains are noteworthy regardless.
To be early to the game, you also need to stay in the game.
Alphabet is still very early, in Cloud, YouTube, Hardware (Pixel, Chromebooks), Enterprise Software (Workspace; formerly G-Suite). I think Sundar done a good job refocusing the organization along the appropriate growth vectors.
Pixel 6 is shaping up to be one of the more exciting Google hardware product to be announced in recent years; with rumoured in-house designed ARM SoC (Whitechapel) and 5 years of guaranteed software support (https://www.androidguys.com/news/google-pixel-6/ ; https://www.techradar.com/sg/news/google...ust-follow).
IMHO, not investment advise.
Peace.
(vested)
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger