Key Takeaways Analysts estimate adjusted EPS of $19.72 vs. $14.48 in Q1 FY 2020. Google Cloud revenue is expected to rise YOY. Revenue companywide is expected to rise at nearly double the pace of a year earlier as Google’s cloud business expands. Alphabet Inc.’s (GOOGL) Google is facing seemingly endless antitrust scrutiny. This time the target is Google’s alleged power over its smartphone ecosystem, more specifically the Android mobile technology developed by Google that’s used by… Source link
Read More »Alphabet (GOOGL) Introduces Advanced Updates on Google Maps
Alphabet’s GOOGL division Google is adding useful and smart updates to its Maps app in a bid to capitalize on the uptake of digital maps throughout the world. New updates include navigating indoors with Live View, more information on weather and air quality and eco-friendly routes. In addition to these, the company is updating the delivery and curbside pickup feature of Google Maps. The latest move bodes well for its growing efforts toward delivering an advanced and seamless mapping… Source link
Read More »What to Look For From GOOGL
Key Takeaways Analysts estimate EPS of $15.50 vs. $15.35 in Q4 2019. Cloud revenue is expected to rise sharply amid the pandemic, but at a slower pace than Q4 2019. Revenue is expected to show healthy growth, but slightly slower than the same quarter a year earlier. Google parent Alphabet Inc. (GOOGL) has seen its stock rise at nearly double the market in the past year, seemingly unfazed by global disruptions due to the COVID-19 pandemic. This performance comes despite uneven earnings… Source link
Read More »Deals With Apple (AAPL), Mozilla Show How Google (GOOGL) Discourages Competition
Illustration: Joren Cull for Bloomberg Businessweek Illustration: Joren Cull for Bloomberg Businessweek After the government sued Google as a monopolist, Mozilla Corp., you’d think, might have celebrated. Mozilla makes Firefox, a web browser that Google undercut by using massive… Source link
Read More »What to Look For From GOOGL
Key Takeaways Analysts estimate EPS of $14.78 vs. $12.99 in Q3 2019. Cloud revenue is expected to rise, but at a slower pace than recent quarters. COVID-19 is causing sharp slowdown in revenue growth. Alphabet Inc. (GOOGL) subsidiary Google is being sued by the U.S. Department of Justice over alleged anticompetitive practices, adding to the tech giant’s recent struggles. The landmark case against Google, which controls about 90% of the online search market, comes after a dismal second… Source link
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