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by Animats
3613 days ago
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We need more detail in financial statements. "Operating loss of $859 million in Other Bets" is not enough disclosure for a public company. It's not research that spends that kind of money. It's attempts to buy market share by selling at a loss that do. Or existing businesses with a high burn rate that aren't profitable. That number includes Nest and Google Fiber, both of which are in production but perhaps not doing too well. Does it include Android? Google's various attempts to build and sell phones? Motorola? |
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