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Alphabet Announces Second Quarter 2021 Results

56 pointsby high_derivativealmost 4 years ago

5 comments

frakt0x90almost 4 years ago
&quot;we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated useful life of our servers from three years to four years and the estimated useful life of certain network equipment from three years to five years. This change in accounting estimate was effective beginning in fiscal year 2021 and the effect was a reduction in depreciation expense of $721 million and $1.6 billion and an increase in net income of $561 million and $1.2 billion, or $0.84 and $1.81 per basic and $0.83 and $1.78 per diluted share, for the three and six months ended June 30, 2021, respectively.&quot;<p>Crazy how those seemingly small changes can result in huge accounting difference.
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swampthinkeralmost 4 years ago
GCP revenue rises from $3Bn to $4.6Bn, but how does that track against AWS and MSFT?
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Crash0v3rid3almost 4 years ago
Insane growth with YouTube ads revenue. I don&#x27;t think any other streaming video service comes close.
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gigatexalalmost 4 years ago
Wow. What a quarter! Google cloud’s loss was just shy of 600M that’s down a ton.
sneilan1almost 4 years ago
Does google release any numbers regarding number of search queries per quarter? I feel like the number of search queries would directly correlate with revenue, if I&#x27;m not mistaken.<p>If not, I find it very interesting that they don&#x27;t release that number. They mention a rising tide of online activity but no numbers to back that up.
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