Numbers:
- Q1 EPS $24.63 Est 25.71
- Q1 Add Rev $54.66B, Est $54.14B
- Q1 Cloud Loss of $931M, still not sure how they can't compete with Azure and Amazon here? This is a slight improvement YoY. Though cloud revenue was up 43%
- Q1 Services Rev of 61.47B
- Q1 Other Bets lost $1.16B
- Q1 Other Bets Rev $440M
- Q1 Re $68.01, Est $67.98
- looks like they are reporting a loss(1.2B) this quarter, which is a big swing YoY where they made a profit of 4.9B
- youtube Add Rev 6.9B, bit of a miss here, TikTok is starting to affect google growth finally, they already have affected Meta's add revenue, maybe related also to iPhone privacy changes?
- Authorized to buyback up to $70B in shares, that's a large number and indicates someone at google thinks rev is slowing down, see TikTok
Misc:
- shares down slightly, but negligible.
- numbers for Q1 shouldn't be affected by Russia but next quarter will be interesting
- want to see how their US vs rest numbers work out as that should indicate where they'll hold cash and therefor where they'll look for take over targets next.
- specifically for their cloud offering, sooner or later they'll get it working
- note to watch Meta as alot of people will use GOOG advertising numbers as a proxy for how screwed META will be with the iPhone privacy changes going forward.
- Q1 EPS $24.63 Est 25.71
- Q1 Add Rev $54.66B, Est $54.14B
- Q1 Cloud Loss of $931M, still not sure how they can't compete with Azure and Amazon here? This is a slight improvement YoY. Though cloud revenue was up 43%
- Q1 Services Rev of 61.47B
- Q1 Other Bets lost $1.16B
- Q1 Other Bets Rev $440M
- Q1 Re $68.01, Est $67.98
- looks like they are reporting a loss(1.2B) this quarter, which is a big swing YoY where they made a profit of 4.9B
- youtube Add Rev 6.9B, bit of a miss here, TikTok is starting to affect google growth finally, they already have affected Meta's add revenue, maybe related also to iPhone privacy changes?
- Authorized to buyback up to $70B in shares, that's a large number and indicates someone at google thinks rev is slowing down, see TikTok
Misc:
- shares down slightly, but negligible.
- numbers for Q1 shouldn't be affected by Russia but next quarter will be interesting
- want to see how their US vs rest numbers work out as that should indicate where they'll hold cash and therefor where they'll look for take over targets next.
- specifically for their cloud offering, sooner or later they'll get it working
- note to watch Meta as alot of people will use GOOG advertising numbers as a proxy for how screwed META will be with the iPhone privacy changes going forward.