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Reported 2018 Q1 Net Income: Alphabet: $9.4 Billion [0] Facebook: $5.0 Billion [1] [0] https://abc.xyz/investor/pdf/2018Q1_alphabet_earnings_release.pdf h
by snaveed 8y ago
Reported 2018 Q1 Net Income:
Alphabet: $9.4 Billion [0]
Facebook: $5.0 Billion [1]
[0] https://abc.xyz/investor/pdf/2018Q1_alphabet_earnings_release.pdf https://abc.xyz/investor/pdf/2018Q1_alphabet_earnings_releas...
[1] https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q1/Q1-2018-Earnings-Presentation-(1).pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q1...
- acchow 8y agoAlphabet's net income will drop dramatically in the next quarter. Google's VC investments booked a ton of gains all-at-once in the quarter (due to an accounting change) which won't be recurring. About $2.4bn added to net income.
- anameaname 8y agoNet income is not that useful of a metric since both companies are still growing.