Google’s parent Alphabet misses profit expectations

Google’s parent Alphabet Inc reported a first-quarter adjusted profit that was lower than analysts’ estimates, as cost per clicks fell.

I believe this is only going to get worse.



4 thoughts on “Google’s parent Alphabet misses profit expectations”

  1. 97% of Google’s revenue comes from ads.
    That’s why Wall Street loves Google.

    Oops. That’s why Wall Street loves Google when cost per clicks remains high. Live by ad revenue, die by ad revenue. Everything else Google or Alphabet does is just for public relations. (Which itself is a form of advertising.)

  2. “Everything else Google or Alphabet does is just for public relations”

    That’s a total misread. If you really believe that some of most brilliant engineers in the world care about nothing about advertising, you’re really not very bright. Advertising is the means, not the end.

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