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GOOG/GOOGL's 'other bets' revenue is more than doubled yoy, though they spent 27% more yoy ($657MM just for Q1!!) for their 'other bets' operation.
by jerryhuang100 11y ago
GOOG/GOOGL's 'other bets' revenue is more than doubled yoy, though they spent 27% more yoy ($657MM just for Q1!!) for their 'other bets' operation.
- ASinclair 11y agoFiber infrastructure is expensive.
- deleted 11y ago[deleted]
- pavs 11y agoDid they invest a lot on fibre infrastructure? There are only in a couple of smallish cities and towns and most of their service deployment is based on existing infrastructure, AFAIK. Maybe I have missed something...
- adventured 11y agoThey're tracking to spend upwards of $3-$3.5 billion in 2016 on Google Fiber. They're likely spending a fair sum on infrastructure as well as everything else. (from Q4 2015) "In the earnings announcement this week, Alphabet (the parent company of Google) shared that most of it’s $869 million in capital spend on “Other Bets” went to Google Fiber, according to CFO Ruth Porat, and that Google Fiber would continue to be a driver of CapEx spending going forward." https://abc.xyz/investor/news/earnings/2015/Q4_google_earnings/index.html https://abc.xyz/investor/news/earnings/2015/Q4_google_earnin...
- kgwgk 11y agoThat is capital spending. They have lost more than $600mn (on $166mn of revenue), without including the $280mn in capex and the $145mn in stock-based compensation.
- jerryhuang100 11y agowould it be valid to say G put more than $1B (657+280+145) in its R&D? that would be way ahead than most fed agencies including darpa for just 1 Q.