Putting Alphabet’s Other Bets Segment into Perspective
Waymo is also making moves to monetize its technology. Waymo has inked several strategic partnerships in recent months, including with Uber rival Lyft.
Waymo, Alphabet’s (GOOGL) unit in charge of developing autonomous driving systems, has been granted a patent that could help reduce road crash deaths.
TechCrunch reported that Google has started testing its Chrome-based ad blocker for Android devices.
Alphabet’s (GOOG) balance sheet reflects total debt of $3.9 billion, and it reported total capital of ~$152.2 billion.
As a result of the EU fine, Alphabet’s 2Q17 diluted earnings per share fell to $5.01 compared to $8.42 in 2Q16.
Alphabet’s EPS (earnings per share) of $9.36 in 4Q16 was $0.26 below consensus expectations despite increasing from $8.67 in 4Q15.
Research firm eMarketer forecasts that YouTube could account for 12.4% of Google’s net US ad sales by 2018, up from 9.1% in 2015.
Alphabet’s (GOOGL) recently reported that it finished 2Q17 with 75,606 employees, implying that it hired 1,614 new workers during the quarter.
eMarketer has an optimistic view of the global Internet advertising industry, noting that the industry could grow to more than $335 billion in 2020 from $194.6 billion in 2016.
Alphabet’s (GOOGL) advertising revenues rose more than 18% year-over-year in 2Q17 to $25.8 billion.
Alphabet’s price-to-sales ratio is 6.5x while the estimated price-to-sales ratio for 2017 is 5.9x.
In 2Q17, Google’s advertising revenues rose to $22.7 billion from $19.1 billion in 2Q16.
Efforts by Alphabet’s (GOOGL) Google to maintain its online advertising dominance, grow its cloud computing business, and raise YouTube’s profile in the era of cord-cutting are weighing on its spending.…
As part of its Digital Skills for Africa initiative, Google would train 10 million Africans in Internet skills over the next five years.
Google, Alphabet’s operating unit that manages cloud computing, noted that it is only a matter of time before it overtakes AWS to become the world’s largest cloud vendor.
In 2016, Alphabet issued a ten-year bond to raise $2 billion to pay off some short-term debts.
In 2Q17, Alphabet’s (GOOGL) R&D spending reached $4.2 billion. R&D consumed ~15.8% of Alphabet’s total revenues of $26.0 billion in 2Q17.
On August 8, Amazon stock yielded a return of -0.24% on volume of 2.9 million shares to close at ~$989.84.
As rival bids are not coming up to challenge Amazon’s (AMZN) $13.7 billion buyout offer for Whole Foods (WFM), a regulatory review could pose a high hurdle for the deal.
Amazon (AMZN) is placing a $13.7 billion bet on Whole Foods (WFM) to help it penetrate the ~$800 billion US (SPY) food retail market.