Re:Alphabet Announces First Quarter 2022 Results
by colinmhayes on Tuesday April 26, 2022 @05:12PM
(#31173236)
They lost 6 billion on their equities compared to last years quarter. If you ignore that, which seems valid as it's fluky, they had a great quarter. Went from $13 billion in profit to $17.5. Would like to see more growth in youtube and GCP, but that's is nowhere near a facebook/netflix event.
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Re:Alphabet Announces First Quarter 2022 Results
by christophilus on Tuesday April 26, 2022 @05:15PM
(#31173281)
The fact that US companies have to count unrealized gains / losses on their income statement is just absurd.
Re:Alphabet Announces First Quarter 2022 Results
by devonbleak on Tuesday April 26, 2022 @05:39PM
(#31173518)
Means no (or at least fewer) surprises when it becomes realized. In the context of the scandals of the past it makes sense.
Re:Alphabet Announces First Quarter 2022 Results
by christophilus on Tuesday April 26, 2022 @06:39PM
(#31174052)
It makes sense to report them; just not as earnings or losses. It makes reasoning about earnings more annoying. I now have to subtract that out to determine how things are faring, as quarter-to-quarter, and even yearly-to-yearly moves in equities are largely noise.