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.
Have you seen how much cash Apple has been sitting on for 10+ years now?
65B $ I believe
Cool, so the value of Lyft + Pinterest + Twitter.
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.
How do you explain their cash amount? Wait for the revenues and profits to hiccup, the Icanns will get out of the woods in no time and demand share repurchases.
Good part about Google is Icann and his ilk can't do a shit. All the control is in the hands of 2/3 ppl.
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
Reppin ads I like it! Sincerely, Ads SWE
Being too big also has a price...
Everything google has done outside of search and some other web products have failed.
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 :-)
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.
It's growth, not total revenue. Have you checked Q1 earnings? They're both 17% growth
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?
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)
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.
Read articles about amazon written 5 years ago. That will give you some perspective on how things ebb and flow
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
🙄 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.