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As far as I can tell, this is the first time Google has reported YouTube Ad and Google Cloud revenues as separate line items.


Yes, now that Sundar is CEO of Alphabet they pretty much have to.

https://www.marketwatch.com/story/why-google-finally-disclos...

"Revenue-recognition rules that were approved in 2014 and went into effect at the end of 2017 call on companies to report financial results to their investors in the same manner that they are reported to the main decision-maker at the company, typically the chief executive. Basically, if a CEO sees numbers for a large segment of the company, the company should be reporting that segment’s results to investors.

As the revenue-recognition rules were being put in place by companies in 2017 ahead of the deadline, the Securities and Exchange Commission entered into communication with Alphabet specifically to discern why it was not providing revenue numbers for its segments, mentioning YouTube, Google Cloud and some other businesses, such as hardware. Google responded by saying that its chief decision-maker, Alphabet CEO Larry Page, did not see results parsed to that level, though Google CEO Sundar Pichai did."


Hard to believe Satya doesn't get Azure numbers...


Have a share of Microsoft? If so, file an SEC complaint.


It's a red herring designed to distract from the fact they missed ad revenue estimates by $800M.

Lol at getting downvoted. They missed on revenue and down -5% after hours. This is a fact, not an opinion.


20% YoY is still a massive growth, just because Wall Street always expects 24% or more doesn't make it any less impressive.


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that it's a red herring is not a fact


I guess, but TSLA revenues were only up 3% YOY and that stock has gone hyperbolic.




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