Re:Alphabet announces fourth quarter and fiscal year 2019 re...
by redwood on Monday February 03, 2020 @09:59PM
(#22231928)
Hard to believe Satya doesn't get Azure numbers...
Re:Alphabet announces fourth quarter and fiscal year 2019 re...
by toomuchtodo on Tuesday February 04, 2020 @01:02AM
(#22232847)
Have a share of Microsoft? If so, file an SEC complaint.
https://www.marketwatch.com/story/why-google-finally-disclos...
"Revenue-recognition rules that were approved in 2014 and went into effect at the end of 2017 call on companies to report financial results to their investors in the same manner that they are reported to the main decision-maker at the company, typically the chief executive. Basically, if a CEO sees numbers for a large segment of the company, the company should be reporting that segment’s results to investors.
As the revenue-recognition rules were being put in place by companies in 2017 ahead of the deadline, the Securities and Exchange Commission entered into communication with Alphabet specifically to discern why it was not providing revenue numbers for its segments, mentioning YouTube, Google Cloud and some other businesses, such as hardware. Google responded by saying that its chief decision-maker, Alphabet CEO Larry Page, did not see results parsed to that level, though Google CEO Sundar Pichai did."