Google...

Amazon / Eng unionset
Jun 22 29 Comments

First off I’m not a google hater but I don’t understand what google is doing as a business. Why aren’t they trying to expand their business? Amazon reinvests everything because they constantly see opportunities out their to improve customers lives. Amazon a couple years ago was worth half of google and now it’s worth $160 billion more than google. And now amazon is hiring more people for Alexa teams alone than what Alphabet is as a whole (including waymo, fiber, Youtube, google, etc). There are tons of opportunities out there and amazon will continue cashing in on them and I don’t understand why google chooses to not do the same. Google seems content on their existing ads cash cow and being a small player in hardware. If they keep this up they’ll be the next IBM.

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TOP 29 Comments
  • Google topCon
    Amazon revenue growth Q1 = 17%
    Google revenue growth Q1 = 17%

    Amazon Q1 profit = 3B
    Google Q1 profit = 9B

    Amazon age 24 years = 900B+
    Google age 20 years = 700B+

    At 24 years, it's a good bet Google will be a over a trillion (if not broken up first lol)

    Revenue growth is even, 3x more profit, growth faster than Amazon over life of company. Google seems to be doing well imo :-)
    Jun 22 5
    • Amazon / Eng unionset
      OP
      Revenue is not even close to even so i don’t know where you got that info. Amazon has 240 billion in revenue over the last year, google has 140 billion. Q1 amazon has 60 billion vs google 36 billion. So your revenue growth numbers are misleading as well because Amazon is growing revenue faster as a percentage than google even though amazon has nearly double the revenue... Amazon is only slightly growing revenue faster but like I said it’s off of a much bigger base which shouldn’t happen.
      Jun 22
    • Google topCon
      It's growth, not total revenue.

      Have you checked Q1 earnings? They're both 17% growth
      Jun 22
    • Amazon / Eng unionset
      OP
      Yeah that’s what I’m saying. Both at 17% is not equal. Amazons revenue is much higher so google should be able to grow faster. If they continue to grow at the same rate amazon will continue to generate more and more revenue then Google.
      Jun 22
    • Google topCon
      Yes but Google profit margin is 20+% while Amazon is 5%. Even though Amazon has bigger revenue, Google has more profit 9B vs 3B. Google doesn't need massive revenue to make more money than Amazon.
      Jun 22
    • Amazon lab666
      Google delivers results more efficiently.
      Nov 21
  • Google whrislarry
    Google has a much different way of investing money and approach towards business than Amazon primarily because their businesses are different.

    Google's main business is collecting data and the services it offers is just a mechanism to gain that. Google is probably playing even a longer term game than Amazon. I would say Google hasn't even milked 1% of the data about you.

    As for products , there are multiple products which do not depend on ads, but their primary purpose is to expand Google's data footprint.

    As for the next IBM, sure any company can be that. MS came close but cloud turned it around.
    Jun 22 9
    • E*Trade / Finance cbEV72
      Dual class is a problem, and a sign of bad governance. It’ll bite the investors one day when the growth slows down. It’s coming
      Jun 22
    • Google whrislarry
      Dual stock structure has its pros and cons just like single stock structure. Dual class stock allows companies to execute a long term vision with wall Street. Amazon is a lot a greater risk of being bitten off if the growth slows.
      Jun 22
    • E*Trade / Finance cbEV72
      Amazon doesn’t hoard cash, which is a good thing from corporate fin point of view
      Jun 22
    • Google whrislarry
      Not completely true. Amazon has more than $25B of cash/equivalents. Google's current businesses are not cash intensive as Amazon. Hence doesn't need continuous cash infusion. Google can afford to play the waiting game to bulk up the muscles and then flex then when time comes.

      Simply reinvesting the profits is not good either. Ok in the initial stages of the company, but that shouldn't last too long.
      Jun 22
    • Amazon / Eng
      Woweee

      Amazon Eng

      BIO
      Hiring in nyc for exciting high visibility project. PM me for deets, esp FAANG people.
      Woweeemore
      I think next IBM is Salesforce.
      Jun 23
  • Amazon / Eng
    Woweee

    Amazon Eng

    BIO
    Hiring in nyc for exciting high visibility project. PM me for deets, esp FAANG people.
    Woweeemore
    Have you seen how much cash Apple has been sitting on for 10+ years now?
    Jun 22 2
    • New / Data
      ButterFang

      New Data

      PRE
      Mu Sigma Inc.
      ButterFangmore
      65B $ I believe
      Jun 22
    • Amazon / Eng
      Woweee

      Amazon Eng

      BIO
      Hiring in nyc for exciting high visibility project. PM me for deets, esp FAANG people.
      Woweeemore
      Cool, so the value of Lyft + Pinterest + Twitter.
      Jun 23
  • Google USApotato
    OP, Ads are growing in double digits year over year (sometimes over 20%). Am I not doing enough to "expand our business"? Sincerely, Ads SWE
    Jun 22 1
    • Amazon / Eng
      Woweee

      Amazon Eng

      BIO
      Hiring in nyc for exciting high visibility project. PM me for deets, esp FAANG people.
      Woweeemore
      Reppin ads I like it! Sincerely, Ads SWE
      Jun 22
  • Google corollary
    Read articles about amazon written 5 years ago. That will give you some perspective on how things ebb and flow
    Jun 22 2
    • Amazon / Eng unionset
      OP
      That’s true. The difference is though amazon was investing at that time and those investments are now paying off. I guess we will see if any of googles investments pan out
      Jun 22
    • Amazon Bill.
      🙄 Google not investing enough into the future?

      Looking at a 2 year window is extremely narrow and misses the picture. Those years followed about 20 years of building.

      Google had enough long term projects to break them off into their own companies.

      https://en.m.wikipedia.org/wiki/X_(company)
      One company aims to solve aging.
      Jun 22
  • Pear Therapeutics prez.trump
    Everything google has done outside of search and some other web products have failed.
    Jun 22 0
  • Amazon / Eng
    Woweee

    Amazon Eng

    BIO
    Hiring in nyc for exciting high visibility project. PM me for deets, esp FAANG people.
    Woweeemore
    What is google cloud yoy growth? It has to be way higher than AWS. Did you notice the pricing is way better than AWS too?
    Jun 22 2
    • Amazon / Eng unionset
      OP
      If you’re talking yoy revenue growth percentage then of course it has to be way higher. AWS makes tens of billions in revenue a year. Google cloud makes a tenth of that. GCP can easily double its business growing at 100% in a year. That’s not possible for AWS because it’s so much bigger and it would take 26 billion in revenue which would be the equivalent of creating a new fortune 100 company over 1 year... GCP just needs to add like 2 billion in business to grow at 100%. So 2 billion to GCP is huge growth while 2 billion in business for AWS would be horrible growth.

      If you’re talking total revenue growth then well amazon is way out ahead (40% of 22 billion > 80% of 2 billion)
      Jun 22
    • Amazon / Eng
      Woweee

      Amazon Eng

      BIO
      Hiring in nyc for exciting high visibility project. PM me for deets, esp FAANG people.
      Woweeemore
      Ok. So with that it’s an easy argument to make to say google stock is a better buy. Over the next 10 years they can steal half the market share, plus overall WW cloud growth of 30%+ yoy.
      Jun 23
  • LinkedIn fisheixnd
    Being too big also has a price...
    Jun 22 0

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