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When the US Department of Justice (DoJ) brought its antitrust case against Google in October 2020, it flagged the large payment made to Apple for positioning it as the default search engine in Apple’s Safari browser. Most significantly, Google has had a series of search distribution agreements with Apple, effectively locking up one of the … Continued
Alphabet reported a strong fourth quarter result this week with revenue and earnings beating analysts’ expectations. One of the key takeaways from the call for us was the continued strength in Alphabet’s YouTube revenue, which grew a staggering 46% to $6.9 billion in the quarter. We have conducted extensive research on the streaming industry, having … Continued
Established 2012 Graduated 2018 The premise: Modern delivery services have improved in the past decade to the point where e-commerce platforms such as Amazon offer same day delivery in some locations. But what if you live in a remote location or need something immediately like emergency medicine? And what about the traffic congestion in our … Continued
Alphabet reported second quarter revenue on July 25 growing 22% in constant currency to US$38.9 billion. EPS increased to $14.21 beating consensus EPS by $2.46. Traffic acquisition costs were also better than expected coming in at 22% of total advertising revenue compared to 23% last year. On the call management noted how the cloud was … Continued
