Re:Alphabet Announces Second Quarter 2023 Results [pdf]
by bloppe on Tuesday July 25, 2023 @05:05PM
(#36869552)
It doesn't matter what inflation is in other countries if the vast majority of Google's earnings are in dollars.
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Re:Alphabet Announces Second Quarter 2023 Results [pdf]
by paxys on Tuesday July 25, 2023 @05:09PM
(#36869600)
> if the vast majority of Google's earnings are in dollars
They aren't.
Re:Alphabet Announces Second Quarter 2023 Results [pdf]
by bloppe on Tuesday July 25, 2023 @05:17PM
(#36869726)
True, but the word "currency" pops up 53 times in this report [1], mostly in regards to managing "foreign exchange risk", so they seem to be taking deliberate measures to stay on the inflation trajectory of the dollar.
[1]: https://www.sec.gov/Archives/edgar/data/1652044/000165204423...
Re:Alphabet Announces Second Quarter 2023 Results [pdf]
by HDThoreaun on Wednesday July 26, 2023 @02:04AM
(#36873650)
Every single number in this report is in dollars.