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Alphabet ($GOOG) 2024 Q3 earnings release [pdf]

36 pointsby CydeWeys7 months ago

3 comments

teractiveodular7 months ago
Cloud revenue up 35% YoY to $11.4 billion, with operating income (profit) almost $2B.<p>Other Bets revenue also up from $297M to $388M YoY. Sundar mentioned Waymo is now doing 150K rides&#x2F;week; if we estimate $20 each * 52 weeks, that&#x27;s $150M a year, and that&#x27;s from operating only in limited parts of a few cities (SF, LA, Phoenix).
nappy-doo7 months ago
* Google is making almost 1B&#x2F;day in revenue, or almost $5,500&#x2F;employee&#x2F;day.<p>* CapEx is up over 60% YoY – they&#x27;re spending a lot of money on GPU&#x2F;TPUs.
wstrange7 months ago
Nice to see GCP doing well.<p>The competition between AWS, Azure and GCP is great for customers..