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I mean, the trend is downwards... If you take the anomaly of 2020-2021 into account [0] Also, revenue is not down. Growth is. Apparently, we live in this stupi
by manuelabeledo 4y ago
I mean, the trend is downwards... If you take the anomaly of 2020-2021 into account [0]
Also, revenue is not down. Growth is. Apparently, we live in this stupid dystopia where growth is more important than money, even for gargantuan companies like Alphabet. How are they planning on growing at a >10% rate YoY forever?
[0] https://www.macrotrends.net/stocks/charts/GOOG/alphabet/revenue https://www.macrotrends.net/stocks/charts/GOOG/alphabet/reve...
- sokoloff 4y agoYou cited Alphabet revenue, not advertising or YouTube revenue. > Google’s parent company, reported $59 billion in advertising revenue for the fourth quarter, a decrease of 3.6% from the same period in 2021. Those results marked the second time ad sales fell since Google became a publicly traded company in 2004. > Google’s video platform, YouTube, recorded a second straight quarter of declining revenue for the three months through Dec. 31, with sales retreating 7.8% from the year-earlier period to $8 billion. Source: https://www.wsj.com/articles/alphabet-google-googl-q4-earnings-report-2022-11675306621 https://www.wsj.com/articles/alphabet-google-googl-q4-earnin...
- manuelabeledo 4y ago> You cited Alphabet revenue, not advertising or YouTube revenue. Because you previously said: > Alphabet is absolutely posting troublesome trends in their revenue reports. Essentially you are telling me that if revenue as a whole goes up, but not in some divisions, that makes sense of layoffs across all divisions.
- sokoloff 4y agoYes, I then cited the troublesome figures in those reports in the literal next words.