[HN Gopher] Alphabet Announces Fourth Quarter and Fiscal Year 20...
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Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results
Author : high_derivative
Score : 56 points
Date : 2022-02-01 21:09 UTC (1 hours ago)
(HTM) web link (abc.xyz)
(TXT) w3m dump (abc.xyz)
| carlsborg wrote:
| Summary: Full year 2021 revenue $257B, 41% year on year growth.
| Net income $76B, up from $40B yoy.
|
| Quarterly: Q4 of 2021 they made $75B revenue, most of it came
| from Google Search, $43B up from $31.9B in Q4 2020. Youtube $8.6B
| of ads, Google Network $9.3B from ads.
|
| Google cloud did $5B revenue for the quarter, up from $3.8B in Q4
| 2020. It lost $890m this quarter compared to $1.2B Q4 2020.
| "Other Services" did $8.1B revenue and "Other bets" did $181B
|
| They have ~$140B in cash and liquid investments.
| oezi wrote:
| I think your math on that EUR43B up is wrong. At least it would
| be strange if they more than doubled search from last year's
| Q4, but just grew 41%.
| jsnell wrote:
| You are misreading; it is not up _by_ 43 but up _to_ 43. (No
| math involved, the numbers are straight from the first table
| in the pdf)
| tester756 wrote:
| >and "Other bets" did $181B
|
| you're sure?
| throwaway0220 wrote:
| $181M, not B.
| owlninja wrote:
| A 20:1 stock split as well.
| subsubzero wrote:
| That will price shares back to their IPO level in 2004,
| $130/140 a share.
| xyzzyz wrote:
| Don't forget there already was one 2:1 stock split in 2014 or
| so.
| ppg677 wrote:
| I wonder if there is a psychological effect that could push
| more stock growth?
| throwaway287391 wrote:
| It's not only psychological -- for example, a lot of
| brokerages don't offer fractional shares, so a split allows
| some retail investors to invest who couldn't afford to
| before. (Although that almost certainly has a smaller effect
| than the options contracts etc mentioned in sibling threads.)
| ra7 wrote:
| Going by examples in the last year (AAPL and TSLA), it seems
| very likely.
| cobookman wrote:
| Which makes options contracts cheaper, and it cheaper for
| retail to open shorts against them.
| anonporridge wrote:
| Also cheaper to open longs.
| brink wrote:
| The pandemic seems to have been very profitable for big tech, for
| both money and power.
| endisneigh wrote:
| Man, Google's poor search results sure do pay well /s.
|
| I wonder if Google will make any big acquisitions this year
| jeffbee wrote:
| Not sure if sarcasm or not. These results demonstrate that the
| HN zeitgeist about the utility of Google is not related to its
| actual utility to the public at large.
| cobookman wrote:
| Technically, revenue decline would be a lagging indicator of
| poor search results and poor user experience.
|
| But agreed.
| anonporridge wrote:
| Most people want the lowest common denominator information.
| They want to know what most other people think and want.
|
| HN and their desire for niche information is just not
| representative of the average human.
| [deleted]
| NotAnOtter wrote:
| Google is many things, but poor search results is not one of
| them. Still the best search engine around, being too good is
| the problem most people have
| sixothree wrote:
| Not in my day-to-day work. The deterioration is very clear.
| purple_ferret wrote:
| Really amazing how much money they keep squeezing out search
|
| But it's basically impossible to escape the ads on it these days,
| so it's not surprising.
| mrfusion wrote:
| Out of broken search actually. Pretty amazing.
| tryptophan wrote:
| >t it's basically impossible to escape the ads on it these
| days, so it's not surprising
|
| ublock origin seems to do fine.
|
| Unless you are suggesting that the ad-ladden SEO'd pages are
| their real product?
| purple_ferret wrote:
| Even with ublock I'll stumble into a google ad for when I
| search for something like a restaurant or hotel
| missedthecue wrote:
| I just tested "macbook pro for sale" without and without
| ublock and they disappeared when I turned it on. Are you
| able to produce an ad in a search result right now with
| ublock enabled?
| iqanq wrote:
| Not my experience.
| daitangio wrote:
| Also PiHole is a great tool. I suggest it it you Walt a very
| good ads shield :)
| ProllyInfamous wrote:
| I have used a PiHole ever since I learned that LittleSnitch
| resolves DNS queries (to IP) before the dialog prompts
| whether to Allow/Deny a connection to the unlisted host. It
| is an added bonus that I can route my entire subnet to the
| local PiHole, which prevents rogue
| software/OS/devices/phones from initiating undesired
| connections. If you know how to make a few simple IPfilter
| rules, you can even stop hard-coded devices (e.g. smart
| TVs) from phoning home with internal DNS IP addresses --
| all you have to do is capture all DNS queries, IPs
| included.
|
| Simply blocking pagead2.google.com and googlesyndicate.com
| will remove 50%+ of website advertising. ReGex rules allow
| for ads.* (etc.), and these rules apply on your entire
| local network. For an added bonus, you can then use your
| local PiHole to resolve DNS queries remotely (e.g. from
| your phone) -- just all around an incredible product!
|
| /r/PiHole
| kevan wrote:
| >adjusted the estimated useful life of our servers from three
| years to four years and the estimated useful life of certain
| network equipment from three years to five years
|
| Another sign of the slowing advancement in CPU power/performance?
| jeffbee wrote:
| The 3-year figure was always totally unhinged from the actual
| useful life of cloud servers. As evidence, please refer to the
| fact that on EC2 you can still provision a C4 instance with a
| Haswell CPU made in 2014. In GCE you can still provision an N1
| instance with a Sandy Bridge CPU from 2012.
| kevan wrote:
| Disclaimer: I'm at Amazon but not in AWS
|
| Fair, I was thinking of this in the non-cloud perspective
| where efficiency improvements can push you to upgrade even if
| the hardware still works. In cloud provider mode it makes
| sense to keep it around as long as it still works and it's
| not too annoying to run. It doesn't really matter how
| (in)efficient the hardware is because you set the pricing to
| keep it profitable as long as someone's willing to buy it.
| cbaleanu wrote:
| Please mark as [pdf]
| maattdd wrote:
| Google Cloud revenue is only up 30% YoY, which seems really low
| considering the marketing and the focus on it (and the growth of
| the competitors).
| strstr wrote:
| Not sure if this is really much different, but superficially it
| looks like its up ~45% (5.5 billion from 3.8)
| anonporridge wrote:
| Anyone have handy YoY growth numbers for AWS and Azure?
| blakesterz wrote:
| I don't know how many others think like I do, but I'd never use
| GCP. No one will ever convince me that it'll be around in 5
| years. I just don't trust them to keep anything they made in
| the past decade or so going long term. Call me paranoid, call
| me whatever you want, but I just do not trust their ability to
| focus on anything anymore.
| losteric wrote:
| GCP is a profit center and diversifies the business, why
| would Alphabet deprecate it?
| sytelus wrote:
| I am more surprised by having such stunning growth by many big
| tech without actually having any new businesses. It used to be
| that 10% growth was a lot and now people scoff at even 30%.
| carlycue wrote:
| To put Alphabets revenue this quarter ($75 billion) in
| perspective:
|
| Microsoft: $51.7 billion
|
| Apple: $123.9 billion.
| bluedino wrote:
| More perspective (estimates):
|
| Meta $33.4 billion
|
| Amazon $134 billion
| mupuff1234 wrote:
| I think operating income is probably a better metric to look at
| to compare.
|
| Walmart has a higher revenue than all of the above (~140
| billion)
| CobrastanJorji wrote:
| Perspective is weird with large amounts of money. I think human
| brains are just not good at big numbers. You need something to
| compare it to, and the big numbers of other companies still
| leave it completely abstract.
|
| Perhaps it might work better with a comparison to a person,
| like "Alphabet made so much revenue this quarter that, assuming
| they had no expenses, after a full year, Alphabet would have
| roughly as much money as Elon Musk." But maybe not, because now
| you've just moved the problem to understanding how rich Elon
| Musk is.
| klelatti wrote:
| One perspective:
|
| Roughly 10c of revenue for every person on the planet every
| day.
| CobrastanJorji wrote:
| Maybe "Alphabet's revenue this quarter was about 3% of San
| Francisco's real estate."
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(page generated 2022-02-01 23:00 UTC)