News for hackers. Stuff that matters.
Re:Alphabet Announces First Quarter 2022 Results by colinmhayes on Tuesday April 26, 2022 @05:21PM (#31173345)
Google's net income is up 35% if you ignore the equity numbers. Not only is Google as profitable as ever, it's quite a bit more profitable than it has been. I fully expect GOOG to open up tomorrow, maybe even climb higher than today's open.
Re:Alphabet Announces First Quarter 2022 Results by jsnell on Tuesday April 26, 2022 @05:50PM (#31173615)
That doesn't sound right. The operating income grew from 16.4B to 20.1B. That's 21%, not 35%?
Re:Alphabet Announces First Quarter 2022 Results by colinmhayes on Tuesday April 26, 2022 @06:02PM (#31173721)
I'm counting net income less gains from equities. $13 billion last year to $17.5 here. You're right though, probably should've just looked at change in operating income which is still a strong 21%.