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Yes, now that Sundar is CEO of Alphabet they pretty much have to. https://www.marketwatch.com/story/why-google-finally-disclosed-youtube-revenue-2020-02-03 htt
by dxf 7y ago
Yes, now that Sundar is CEO of Alphabet they pretty much have to.
https://www.marketwatch.com/story/why-google-finally-disclosed-youtube-revenue-2020-02-03 https://www.marketwatch.com/story/why-google-finally-disclos...
"Revenue-recognition rules that were approved in 2014 and went into effect at the end of 2017 call on companies to report financial results to their investors in the same manner that they are reported to the main decision-maker at the company, typically the chief executive. Basically, if a CEO sees numbers for a large segment of the company, the company should be reporting that segment’s results to investors.
As the revenue-recognition rules were being put in place by companies in 2017 ahead of the deadline, the Securities and Exchange Commission entered into communication with Alphabet specifically to discern why it was not providing revenue numbers for its segments, mentioning YouTube, Google Cloud and some other businesses, such as hardware. Google responded by saying that its chief decision-maker, Alphabet CEO Larry Page, did not see results parsed to that level, though Google CEO Sundar Pichai did."
- redwood 7y agoHard to believe Satya doesn't get Azure numbers...
- toomuchtodo 7y agoHave a share of Microsoft? If so, file an SEC complaint.