While I have sold my shares in Alphabet last month, I remain a very curious observer. Here’s my highlights from today’s earnings. Revenue While almost every single revenue segment grew by double digits, Google Network was down ~2% YoY and ~10% from 4Q’21. The Network business may not be terribly important given it’s a relatively lower margin segment compared to Search, but it may be indicative of the general direction of where the open web is heading.
Alphabet 4Q'23 Update
Alphabet 4Q'23 Update
Alphabet 4Q'23 Update
While I have sold my shares in Alphabet last month, I remain a very curious observer. Here’s my highlights from today’s earnings. Revenue While almost every single revenue segment grew by double digits, Google Network was down ~2% YoY and ~10% from 4Q’21. The Network business may not be terribly important given it’s a relatively lower margin segment compared to Search, but it may be indicative of the general direction of where the open web is heading.