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> Scale is important, google makes ~20 billion in profit per year making these relatively minor bets. Sorry, what? The Other Bets segment loses $2.5 billion pe
by Analemma_ 10y ago
> Scale is important, google makes ~20 billion in profit per year making these relatively minor bets.
Sorry, what? The Other Bets segment loses $2.5 billion per year.
- Retric 10y agoWhich is included in Alphabet's $4.9 billion profit Q2 FY2016. Sure, they might have made an extra 0.6 billion that quarter, but it's not exactly a hidden bet. Further, these are R&D losses, so it's hard to say what the long term impact is, but it's unlikely to be exactly -2.5 billion / year.