Alphabet Loses $859M on 'Moonshots' in 2Q 2016

Re:Alphabet Loses $859M on 'Moonshots' in 2Q 2016 by arcticfox on Friday July 29, 2016 @12:06AM (#12184952)

In addition, it's not like these bets have been pronounced dead. They're all still in play. It will be years before we know whether any were successful or not.

This is like someone betting $1000 on a game, and then calling it a $1000 loss up until the game is actually played (at which point it becomes indeed a true $1000 loss, or possibly a gain). It doesn't make any sense.

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Re:Alphabet Loses $859M on 'Moonshots' in 2Q 2016 by askafriend on Friday July 29, 2016 @12:12AM (#12184984)

Absolutely, it's as if the article's author only looked at these moonshots in the silo of a single financial quarter when it's clear that the moonshots are intended to be decade long investments...

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Re:Alphabet Loses $859M on 'Moonshots' in 2Q 2016 by mike_hearn on Friday July 29, 2016 @05:59AM (#12185824)

You could argue that Google Glass is dead.

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Re:Alphabet Loses $859M on 'Moonshots' in 2Q 2016 by eru on Friday July 29, 2016 @08:39AM (#12186407)

Though to be honest, it was never intended as a consumer product. (But their marketing was conflicted.)

Wave is probably an even bigger disappointment: it would have done great as an enterprise product.

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