Google Silences Doubters With Blockbuster Quarter
http://www.nytimes.com/2016/07/29/technology/alphabet-google-earnings.html?partner=rss&emc=rss
It's good to be Google. Sometimes it's just plain great.
Revenue regularly increases at a clip rarely achieved by firms
of its size. The same goes for profits. Seven of its products
have over a billion users, a scale unimaginable in the
predigital era. A reorganization last year into a holding
company called Alphabet, accompanied by some related
high-level personnel moves, was unexpected but generally
applauded. Investors and analysts see little in the short term
to disrupt this happy state of affairs, which has pushed
Alphabet's value to more than $500 billion. Those sentiments
were confirmed in its second-quarter earnings report, released
Thursday after the market closed. It was even better than the
rosy forecasts.
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--Lauren--
Lauren Weinstein ([email protected]): http://www.vortex.com/lauren
Founder:
- Network Neutrality Squad: http://www.nnsquad.org
- PRIVACY Forum: http://www.vortex.com/privacy-info
Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info
Member: ACM Committee on Computers and Public Policy
Lauren's Blog: http://lauren.vortex.com
Google+: http://google.com/+LaurenWeinstein
Twitter: http://twitter.com/laurenweinstein
Tel: +1 (818) 225-2800 / Skype: vortex.com
I have consulted to Google, but I am not currently
doing so -- my opinions expressed here are mine alone.
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