I don't think the clarity necessarily travels beyond the doors of GoogleAlphabet. No improvements as far as financial reporting have been made, have they? I'm not qualified to dissect their SEC information.
Yes reporting will change. The now smaller and more focused Google will report on their own specific financial performance while the others like Fiber, Nest, Google Ventures etc will report their results separately.
I'm sure Anant can comment on the finer details as he's much more familiar with financial matters than many of us.
According to the article, all existing Google shares will become Alphabet shares... What does that mean?
If you have Google shares will they be tied to the profits of Alphabet only? Will investors like that?
Which would be better-- owning shares in a company tied to the soon-to-expire advertising algorithm or owning shares in their Alphabet (soup) harebrained moneyless ventures?
Both may be losers.
I'm surprised investors aren't upset.
Meanwhile, cue the end of the sucker's rally for AAPL.
There is not any "soon-to-be-expire advertising algorithm" that has any effect whatsoever on Google. I've seen another poster here mention the same. It's a fairytale.
1. "Pagerank" which you and [@]Macky the Macky[/@] are referring to is not Google's patent in the first place. It now belongs to the National Science Foundation. Originally it belonged to Stanford.
It seems to prove that Google's management is much smarter than Apple's management. Apple has poured tens of billions of dollars into share repurchases and all it has done is driven Apple's share price into the toilet and lost the company $120 billion in market cap. Everything that Apple does only makes the share price go lower. Google does a simple company restructure and assigns new CEOs and a president and the share price shoots up 6% and $20 billion in market cap overnight. Why is it that Apple can't figure out how to do anything to increase the value of the company when other companies can do it so easily. Google's $20 billion gain in market cap is like free cash. It's not as if it increased revenue or profits. The only cost was the cost of restructuring the company which might have cost a couple of million dollars tops. On the other hand, Apple is spending money to lose money and that doesn't help shareholders at all. You watch Google's P/E go up to around 50 while Apple's P/E drops even further down. Eventually, Google's market cap will exceed Apple's market cap while only taking in a fraction of Apple's revenue and profits. Google is playing to win value while Apple is playing to lose value. That's a real bitch-slap to Apple shareholders.
Btw, apple shares have increased 21% from a year ago to its current price today as of this writing. Googs has increased about 17%.
According to the article, all existing Google shares will become Alphabet shares... What does that mean?
Just what it says. No investor is losing anything. Alphabet becomes the holding company for everything that was once a mish-mash of various efforts and companies all operating under "Google". It will just be clearer now where the money is coming from and where it's going, with separate companies that just became more accountable for their own business (or lack of it).
Alphabet: we know you from A to Z. Whether you want us to or not.
Alphabet: We are the new Alpha and Omega.
As Sergey and I wrote in the original founders letter 11 years ago, “Google is not a conventional company. We do not intend to become one.”
That’s right; you don’t intend for the stock to behave as a conventional company’s stock would, you don’t intend to treat your customers with respect and dignity as a conventional company would, and you don’t intend to NOT be evil, as a conventional company would.
Wrong thread. This is about Google's restructuring.
I was responding to his question regarding Goldman Sachs evaluation of the Apple Watch and why Android's $3B in value though a large amount of money is not an proper comparison.
Incidentally, AAPL just got hammered again and is down almost $6.
Good link.
"...with the restructuring, the company is going to tell Wall Street for the first time just how profitable its core Google business is apart from all the money-losing startups....Alphabet looks like an attempt to answer the critics by revealing more information about the performance of the parts of Google that Wall Street and investors actually care about."
That pretty much sums up the investor advantages of it. Better performance from the individual companies or on the selling block they go would be an expected side benefit IMO which should also weigh in their favor in the long run.
Google is a Delaware company? WTF? Cause that doesn't have "slimy" written all over it.
Please tell me Apple isn't...
There are plenty of good reasons to incorporate in Delaware. How is it slimy?
It makes complete sense for states to be competitive and to attract businesses and residents. The U.S. is based on freewill, free markets and freedom of choice (or at least it used to be).
There are plenty of good reasons to incorporate in Delaware. How is it slimy?
It makes complete sense for states to be competitive and to attract businesses and residents. The U.S. is based on freewill, free markets and freedom of choice (or at least it used to be).
Probably for those very reasons...
Sure, I'm all for inter state competition, but companies which incorporate in Delaware tend to have a certain... reputation. But I didn't have to explain that to you...
Comments
I'm sure Anant can comment on the finer details as he's much more familiar with financial matters than many of us.
1. "Pagerank" which you and [@]Macky the Macky[/@] are referring to is not Google's patent in the first place. It now belongs to the National Science Foundation. Originally it belonged to Stanford.
2. It's been available for anyone to license since 2011. Google does not have an exclusive for it
http://blog.ineedhits.com/search-news/google-pagerank-to-be-phased-out-06358973.html
3. 'Pagerank" has already been superceded by patents for "Pagerank2" and "Pagerank3" along with a couple hundred other search-centric patents owned by Google. They don't expire for years.
http://www.seobythesea.com/2012/03/new-pagerank-same-as-old-pagerank/
4. Google pretty much killed off Pagerank for its own use anyway.
http://mysiteauditor.com/blog/is-google-pagerank-dead/
Btw, apple shares have increased 21% from a year ago to its current price today as of this writing. Googs has increased about 17%.
alphabet.com belongs to BMW
The new Alphabet, Inc. is running on this domain
https://abc.xyz
As BMW has used it for years there's no expectation of them selling it either.
Well they aren't doing any business with that domain today. The world is conducting DDoS on them.
Alphabet: We are the new Alpha and Omega.
That’s right; you don’t intend for the stock to behave as a conventional company’s stock would, you don’t intend to treat your customers with respect and dignity as a conventional company would, and you don’t intend to NOT be evil, as a conventional company would.
I was responding to his question regarding Goldman Sachs evaluation of the Apple Watch and why Android's $3B in value though a large amount of money is not an proper comparison.
Incidentally, AAPL just got hammered again and is down almost $6.
Really?
"...with the restructuring, the company is going to tell Wall Street for the first time just how profitable its core Google business is apart from all the money-losing startups....Alphabet looks like an attempt to answer the critics by revealing more information about the performance of the parts of Google that Wall Street and investors actually care about."
That pretty much sums up the investor advantages of it. Better performance from the individual companies or on the selling block they go would be an expected side benefit IMO which should also weigh in their favor in the long run.
A new article analyzing the Google under Alphabet nonsense: http://finance.yahoo.com/news/what-did-googe-just-do-141603420.html
Incidentally, AAPL just got hammered again and is down almost $6.
Google is a Delaware company? WTF? Cause that doesn't have "slimy" written all over it.
Please tell me Apple isn't...
Playful. Stylish. And serious. With a touch of innocence.
Like all of the company.
http://www.huffingtonpost.com/2012/07/02/delaware-tax-haven_n_1644006.html
There are plenty of good reasons to incorporate in Delaware. How is it slimy?
It makes complete sense for states to be competitive and to attract businesses and residents. The U.S. is based on freewill, free markets and freedom of choice (or at least it used to be).
There are plenty of good reasons to incorporate in Delaware. How is it slimy?
It makes complete sense for states to be competitive and to attract businesses and residents. The U.S. is based on freewill, free markets and freedom of choice (or at least it used to be).
Probably for those very reasons...
Sure, I'm all for inter state competition, but companies which incorporate in Delaware tend to have a certain... reputation. But I didn't have to explain that to you...