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Main numbers are these: --- start quote --- - Q2 Rev. of $70B vs est of $70B - Ad Rev. $56.3B --- end quote --- 80% of revenue is advertising. That's all y
by dmitriid 4y ago
Main numbers are these:
--- start quote ---
- Q2 Rev. of $70B vs est of $70B
- Ad Rev. $56.3B
--- end quote ---
80% of revenue is advertising. That's all you need to know about the company's direction and incentives.
- verdverm 4y agoI would submit that knowing the trend of ad revs as a percentage of the whole would tell you more than a single snapshot, which has no direction itself.
- cromwellian 4y agoThat’s down from 97%+, the direction is more important than the current number since the change over time indicates how the company is evolving and it is obviously moving towards diversification.
- dmitriid 4y agoIt has been hovering around 80% for a few years now, hasn't it?
- azinman2 4y agoIt's their cash cow. Why would they stop? But that 20% isn't advertising is much better for Alphabet than compared to 10 years ago. Waymo is the next big bet.
- dmitriid 4y agoWaymo isn't a bet. At least, isn't a bet that is projected to be even remotely cash positive, much less having a significant percentage in Alphabet's revenue, in any foreseeable future.
- azinman2 4y agoThat’s not how I heard it was viewed internally a few year ago.
- DannyBee 4y agoBy who?
- azinman2 4y agoNothing that’s public.
- dmitriid 4y agoAll these "north star goals" and "company bets" are often pipe dreams. Waymo has been around for 13 years now. It's bet is to have full level 4 autonomy, at least. And that is another 20 years away in an optmistic scenario. Well, unless you only drive on sunny days in a geofenced region in Arizona and call crashing into a bus "a misunderstanding and a learning experience".