Re:Google Earning Q1 2024 [pdf]
by StressedDev on Thursday April 25, 2024 @05:22PM
(#40163193)
I think most companies would love to being "dying" like Google "is". Seriously, Google is not dying and making obviously false claims is not helpful.
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I could give more credibility to an argument for "stagnating" over "dying". A lot of mature companies are still hugely profitable.
Re:Google Earning Q1 2024 [pdf]
by tech_buddha on Thursday April 25, 2024 @07:41PM
(#40164387)
Speaking as a shareholder here, a 2 trillion dollar valuation warrants extraordinary justification. Past performance is no guarantee of future results. As the AI models get better and better at compressing the world's information, people will be going directly to their model of choice
> a 2 trillion dollar valuation warrants extraordinary justification
$320B annual revenue, 15% growth, $0.20 per share dividend and $70B share buyback.
Enough said.