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Alphabet (GOOG) earnings Q3 2021

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Sundar Pichai, Google CEO, speaks at the Google I/O keynote event held at Shoreline Amphitheatre Mountain View (California) on May 7, 2019.

Getty Images| AFP | Getty Images

AlphabetThe bell will be rung and earnings for the third quarter of 2013 will be reported.

This is what Wall Street expects:

  • Earnings per Share (EPS)According to Refinitiv, $23.48 per Share
  • RevenueAccording to Refinitiv, $63.34 Billion
  • YouTube Advertising Revenue: StreetAccount estimates $7.4 Billion
  • Google Cloud revenue:StreetAccount estimates that $5.07 trillion is the total.
  • Costs of traffic acquisition (TAC). Street Account estimates $11.16 trillion

Google’s advertising core has seen record sales revenue growthIn recent quarters, economies have been recovering from the pandemic. However, analysts focus on supply issues and how they will impact future economic growth. privacy changesBy AppleThese factors are impacting spending

Apple introduced prompts to iOS 14 earlier this year that enable users not to be targeted by ads in apps. SnapAnd FacebookThese changes were cited by both as biggest reasonBusiness disruptions for the last quarter

Google has the Android operating platform, so it is more protected than many other companies. However, Apple still distributes its apps to iPhones.

Despite the fact that their stock prices have not been affected, regulators are putting Google and Apple under increasing scrutiny. Legislators introduced legislation in August to allow for a bipartisan billThe bill seeks to create more competition for the app market. The bill would prohibit Google and Apple from tying distribution of apps on the app store to developer use.

Google stated recently that they would halveIt charges app store service fees ranging from 30 to 15% The July issue of App Store Fees was published. state attorneys general announced an antitrust lawsuitGoogle is being sued for allegedly abusing its authority over Android app developers by its Play Store. 

Concentrate on the costs

The money Google shares with partners sites to acquire traffic is something investors are closely watching. Google also introduced a search feature during quarter. redesignIt answers specific queries and could help users stay longer on the site, which in turn may reduce spending.

Alphabet has made significant investments in its cloud segment to diversify revenue streams. It competes directly with Google Cloud. AmazonWeb Services Microsoft Azure. Former leader of the division. Oracle executive Thomas Kurian, has shaken upAs it seeks to improve revenue and decrease losses, its internal organisation.

Alphabet continues to lose money on Waymo its self-driving vehicle company. This falls under the Other Bets section of its earnings report. Waymo announcedIt announced that during quarter it would start car testing with San Francisco residents and make progress towards opening its ride-hailing services in another market.

Alphabet could see a rise in earnings from the start-up investments made by its venture groups over recent years. CapitalG, a growth-stage investor group, generated substantial returns in September. after software Freshworks was made public. Google’s investment group, GV (early-stage), won a small investment. in ToastIPO by.

Google announced in September its plans to return employees to their offices in January. buying another New York City office building for $2.1 billion. It is also available for purchase at $2.1 billion. planningA second Silicon Valley campus is planned to be adjacent to a center devoted partly to hardware.

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