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Ctrl-F "Other Bets operating loss": Q4 2018 (1.3bn) Q4 2019 (2.0bn) Yikes
by jpm_sd 7y ago
Ctrl-F "Other Bets operating loss":
Q4 2018 (1.3bn)
Q4 2019 (2.0bn)
Yikes
- reaperducer 7y agoIs "Other bets operating loss" the same as research and development, or is it somehow different?
- jpm_sd 7y ago"Other Bets" includes everything under the Alphabet umbrella that is not Google, which means various entities that are supposed to be turning into individually profitable companies. https://www.reuters.com/article/us-alphabet-google-bets-factbox/factbox-alphabets-other-bets-in-focus-as-googles-pichai-takes-helm-idUSKBN1Y80ZS https://www.reuters.com/article/us-alphabet-google-bets-fact...
- haberdasher 7y agoOther bets = Waymo, Project Wing, Verily, etc.
- thedance 7y agoDeepMind, too? I imagine that is a real money incinerator.
- icedchai 7y agoA drop in the bucket.
- vineyardmike 7y agoIt’s ~25% of Search ads. That’s a big drop in a small bucket.
- zaroth 7y agoSearch was $27b. That’s ~7.5%. It’s approximately a quarter of their Net Income though.