· Absolute Shockers · TECHNOLOGY
$3.6 Billion: Alphabet’s Operating Loss For 'Other Bets' In 2015
We spotted this stat today:
"Alphabet — the company formerly known as Google — reported some pretty good earnings today. For the first time, the company also broke out its revenue and loss from its “other bets” outside of the core products that still make up its Google subsidiary. These other bets generated $448 million in revenue in 2015 but Alphabet’s operating loss for those bets was almost $3.6 billion."