17 points | by mfiguiere an hour ago
5 comments
Some more comments in blog post: https://blog.google/company-news/inside-google/message-ceo/a...
Noteworthy:
- Negative free cash flow for the quarter
- $98B in unrealized gains on equity securities
- Cloud revenue are up 82% to $24.8B
Short version as far as I can see:
30% up year-over-year, driven by growth in both Google services and Google cloud.
Search revenue miss, apparently. Not sure whether this has happened before. But I wonder if this could be the long-predicted beginning of the downfall of search as a "money printer".
priced in
Some more comments in blog post: https://blog.google/company-news/inside-google/message-ceo/a...
Noteworthy:
- Negative free cash flow for the quarter
- $98B in unrealized gains on equity securities
- Cloud revenue are up 82% to $24.8B
Short version as far as I can see:
30% up year-over-year, driven by growth in both Google services and Google cloud.
Search revenue miss, apparently. Not sure whether this has happened before. But I wonder if this could be the long-predicted beginning of the downfall of search as a "money printer".
priced in