econintersect .com

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 25 December 2017

Alphabet's 'Other Bets' Are A Costly Hobby


-- this post authored by Felix Richter

Google's parent company Alphabet delivered positive results for the third quarter of 2017.

Please share this article - Go to very top of page, right hand side, for social media buttons.

The company posted $27.8 billion in revenue and net income of $6.7 billion for the three months ending in September, beating analyst expectations across the board.

While Google's core business continues to be highly profitable, the company’s more speculative side activities (including the famous moonshot projects) continue to weigh on its bottom line.

As our chart illustrates, Alphabet continues to lose money on its ‘other bets’ and not everybody is happy about it. Some investors fear that the company is effectively burning cash as many of the projects have led to little more than some flashy headlines so far.

Infographic: Alphabet's 'Other Bets' Are a Costly Hobby | Statista You will find more statistics at Statista

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical Investing Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Investing

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved