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Alphabet ($GOOG) 2024 Q3 earnings release [pdf] (abc.xyz)
36 points by CydeWeys 10 days ago | hide | past | favorite | 3 comments





Cloud revenue up 35% YoY to $11.4 billion, with operating income (profit) almost $2B.

Other Bets revenue also up from $297M to $388M YoY. Sundar mentioned Waymo is now doing 150K rides/week; if we estimate $20 each * 52 weeks, that's $150M a year, and that's from operating only in limited parts of a few cities (SF, LA, Phoenix).


* Google is making almost 1B/day in revenue, or almost $5,500/employee/day.

* CapEx is up over 60% YoY – they're spending a lot of money on GPU/TPUs.


Nice to see GCP doing well.

The competition between AWS, Azure and GCP is great for customers..




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