Re:Google management shuffle points to retreat from Alphabet...
by topkai22 on Saturday December 07, 2019 @11:40AM
(#21731127)
Verbal conversation gains the context of audible emphasis on the difference. Rhetorically, you are able to say "Waymo has revenue of 5 million dollars, while Google has 160 BILLION dollars." (imagine the all caps being dramatically stated, possibly a la Dr Evil in Austin Powers).
In writing you can't do that as easily or effectively, so I think keeping the abbreviated units the same is effective writing.
In fact stating income in thousand millions is exactly how financial statements are formatted. In alphabet's 10k (at https://www.sec.gov/Archives/edgar/data/1652044/000165204419...) there is a table showing that the google segment had $136,224M in revenue, while "all other bets" had a total revenue of $595M. I suspect that the SEC would have some stern words for alphabet if they expressed on measure in billions and one in millions...
In writing you can't do that as easily or effectively, so I think keeping the abbreviated units the same is effective writing.
In fact stating income in thousand millions is exactly how financial statements are formatted. In alphabet's 10k (at https://www.sec.gov/Archives/edgar/data/1652044/000165204419...) there is a table showing that the google segment had $136,224M in revenue, while "all other bets" had a total revenue of $595M. I suspect that the SEC would have some stern words for alphabet if they expressed on measure in billions and one in millions...