Liberty Posted July 23, 2018 Author Share Posted July 23, 2018 I haven't looked at Google in a little while, but core operating income looks to be up only 7% despite big rev gains: I'm sure I'm missing something though... perhaps an accounting change or a one-time change in the year ago quarter? They took a charge for the EU fine. Link to comment Share on other sites More sharing options...
SlowAppreciation Posted July 23, 2018 Share Posted July 23, 2018 Well I was confused because I read that, but didn't understand why it would come through in COGS. But just realized that I was looking at the Q1 release anyway.... so that explains it as I see the line item in the Q2 release. Link to comment Share on other sites More sharing options...
villainx Posted July 24, 2018 Share Posted July 24, 2018 Anyone have any thoughts on how Google's capital allocation/return strategy will play out? It has to be a matter of time when something substantial happens, right? Or is all the cash reserved for fines and investments. As well, whether any meaningful buyback or dividend will impact the stock? Asking because it seems to not be part of the conversation, and that's when something usually develops. Link to comment Share on other sites More sharing options...
Spekulatius Posted July 25, 2018 Share Posted July 25, 2018 Anyone have any thoughts on how Google's capital allocation/return strategy will play out? It has to be a matter of time when something substantial happens, right? Or is all the cash reserved for fines and investments. As well, whether any meaningful buyback or dividend will impact the stock? Asking because it seems to not be part of the conversation, and that's when something usually develops. The capital allocation seems fine to me, Using part of the $100B is not going to make a whole lot of difference for an $870B market cap company. I would rather have them buy back stock, when it becomes clearly cheap, which right now it is not. They may need some to fund the ventures at some point, if they really grow into something big. Waymo example may have a huge hardware component that could require acquisition and significant Capex in several fields (lasers, sensors, optics, chips) to scale up and I could see them spending tens of billions on this alone. Sure they could spent the cash hoard on buybacks and borrow some funds later if needed, it it’s nice to have a clean balance sheet without debt too. I would rather have them concentrate on growing 25% annually for an extended period of time, thats where the value will be created. Everything else is more or less secondary. Link to comment Share on other sites More sharing options...
Gregmal Posted July 25, 2018 Share Posted July 25, 2018 https://www.cnbc.com/2018/07/24/alphabet-may-become-the-berkshire-hathaway-of-the-internet.html Link to comment Share on other sites More sharing options...
Liberty Posted July 31, 2018 Author Share Posted July 31, 2018 https://www.bloomberg.com/news/features/2018-07-31/inside-the-life-of-waymo-s-driverless-test-family "Inside the Life of Waymo's Driverless Test Family" Link to comment Share on other sites More sharing options...
Liberty Posted August 1, 2018 Author Share Posted August 1, 2018 Google working on a censored search in China: https://theintercept.com/2018/08/01/google-china-search-engine-censorship/ Link to comment Share on other sites More sharing options...
Liberty Posted August 22, 2018 Author Share Posted August 22, 2018 https://www.theverge.com/2018/8/21/17762326/waymo-self-driving-ride-hail-fleet-management "A look at Waymo's self-driving car depot in Phoenix and the progress of its Early Rider program, which offers free test rides to 400+ members" Link to comment Share on other sites More sharing options...
Liberty Posted August 23, 2018 Author Share Posted August 23, 2018 https://www.cnbc.com/2018/08/23/alphabet-chronicle-cybersecurity.html “Chronicle [Alphabet's cybersecurity moonshot,] is getting closer to going public with its cybersecurity platform… will provide ‘planet-scale’ security analytics, combining Google's existing artificial intelligence, machine learning, infrastructure” Link to comment Share on other sites More sharing options...
nkp007 Posted August 23, 2018 Share Posted August 23, 2018 So much fun to own a company with a VC component, but that also cash flows. Link to comment Share on other sites More sharing options...
Jurgis Posted August 24, 2018 Share Posted August 24, 2018 https://www.bloomberg.com/news/articles/2018-08-22/apple-and-google-face-growing-revolt-over-app-store-tax Link to comment Share on other sites More sharing options...
Liberty Posted August 24, 2018 Author Share Posted August 24, 2018 https://techcrunch.com/2018/08/24/waymo-opens-subsidiary-in-china/ Link to comment Share on other sites More sharing options...
walkie518 Posted August 27, 2018 Share Posted August 27, 2018 how much information do you think google collects about you and your activities on the internet? https://digitalcontentnext.org/wp-content/uploads/2018/08/DCN-Google-Data-Collection-Paper.pdf Link to comment Share on other sites More sharing options...
Liberty Posted August 31, 2018 Author Share Posted August 31, 2018 https://www.bloomberg.com/news/articles/2018-08-30/google-and-mastercard-cut-a-secret-ad-deal-to-track-retail-sales For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the U.S. That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for. Link to comment Share on other sites More sharing options...
UK Posted September 3, 2018 Share Posted September 3, 2018 https://www.independent.ie/irish-news/telecoms-boss-malone-predicts-google-will-be-undone-by-abuses-of-digital-search-market-37273983.html Link to comment Share on other sites More sharing options...
wolverine890 Posted September 7, 2018 Share Posted September 7, 2018 Hi all, I was looking over Alphabet this week and trying to get an handle on their 'other bets'. Has anyone done any work on CapitalG? The portfolio is quite extensive. Does anyone have access to data on how much Alphabet has invested into that portfolio? Link to comment Share on other sites More sharing options...
Liberty Posted September 27, 2018 Author Share Posted September 27, 2018 https://www.fastcompany.com/90241372/how-i-went-from-google-intern-to-the-head-of-google-maps Interview with head of geo/maps. Link to comment Share on other sites More sharing options...
Liberty Posted October 16, 2018 Author Share Posted October 16, 2018 https://www.wired.com/story/wired-25-sundar-pichai-china-censored-search-engine/ Link to comment Share on other sites More sharing options...
Guest longinvestor Posted October 16, 2018 Share Posted October 16, 2018 https://www.nytimes.com/2018/10/15/opinion/internet-google-china-balkanization.html It sounds to me that the internet as we know it is dead. "Three internets" is pure spin. Link to comment Share on other sites More sharing options...
Liberty Posted October 16, 2018 Author Share Posted October 16, 2018 https://www.cnbc.com/2018/10/16/google-will-stop-bundling-its-apps-on-android-phones-in-response-to-eu-fine.html Good job EU, now Google will "charge a licensing fee to device manufacturers that want to pre-install its suite of apps like Docs, YouTube, and Gmail." Link to comment Share on other sites More sharing options...
saltybit Posted October 17, 2018 Share Posted October 17, 2018 https://www.newyorker.com/magazine/2018/10/22/did-uber-steal-googles-intellectual-property Link to comment Share on other sites More sharing options...
Liberty Posted October 25, 2018 Author Share Posted October 25, 2018 VW apparently wanting to invest $13.7bn for 10% of Waymo: https://www.reuters.com/article/us-volkswagen-partnerships-waymo/volkswagen-in-talks-with-waymo-about-mobility-services-partnership-manager-magazin-idUSKCN1MZ1FL Volkswagen Chief Executive Herbert Diess wants to spend 12 billion euros ($13.70 billion) for a 10 percent stake in Waymo, the robotaxi company owned by Alphabet but Diess lacks the backing from the supervisory board to spend such an amount, Manager Magazin said Not sure how reliable that is. Link to comment Share on other sites More sharing options...
Liberty Posted October 25, 2018 Author Share Posted October 25, 2018 Google Q3: https://abc.xyz/investor/static/pdf/2018Q3_alphabet_earnings_release.pdf?cache=d17140f Link to comment Share on other sites More sharing options...
benchmark Posted October 25, 2018 Share Posted October 25, 2018 Google Q3: https://abc.xyz/investor/static/pdf/2018Q3_alphabet_earnings_release.pdf?cache=d17140f Seems like a reasonable quarter, though the declining growth and margin is not ideal. Link to comment Share on other sites More sharing options...
pcm983 Posted October 25, 2018 Share Posted October 25, 2018 google core margin up yoy just fyi - seems fine Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now