3 ms·
[1]: https://www.cnbc.com/2017/07/24/alphabet-earnings-q2-2017.html https://www.cnbc.com/2017/07/24/alphabet-earnings-q2-2017.ht... But I have to say, "Of cour
by HenryBemis 9y ago
[1]: https://www.cnbc.com/2017/07/24/alphabet-earnings-q2-2017.html https://www.cnbc.com/2017/07/24/alphabet-earnings-q2-2017.ht...
But I have to say, "Of course, Google has the money to spend."
"Bleeding cash" is hardly what Google/Alphabet is doing. At worse, this for Google/Alphabet is the $10 bill that discovered in a jacket they haven't put on since last spring. Or to state this properly, Alphabet's liquidity/viability is not in danger by this effort :)