Alphabet parent company Google resurfaces post bad second quarter with turnover increase of 14% in the third: Alphabet, parent company of Google, starred in the third quarter an impressive resurgence after its fall of the second quarter.
The company received dólares 38,010 million (€32,551 million), excluding traffic acquisition costs, and offered earnings per share of dólares 16.40 (€14.04). This represents a 14% jump in turnover compared to the same period last year and improve analysts ' forecasts.
Alphabet thus exceeds its fall in the second quarter, when it lost 2% year-on-year for the first time in its history by invoicing 31,600 million dollars (26,600 million euros), due to the fall in advertising spending due to the pandemic.
This quarter, Google's parent company invoiced 37,100 million dollars (31,763 million euros) in digital advertising, exceeding the 33,800 million (28,900 million euros) of the same period a year ago.
They also improved their revenues in the cloud business, in which they earned 3,440 million (2,945 million euros), up from 2,400 in the same period in 2019; and the revenues of the video platform YouTube, which reached 5,040 million dollars (4,315 million euros). Both areas have benefited from the pandemic.
As for other businesses, which include hardware products or purchases in the Google Play App Store, they generated 5.480 million dollars (4.690 million euros).
Regarding the" bets " of Alphabet, businesses such as the autonomous driving vehicle company Waymo, continue to generate operating losses for the company of 1.100 million (941 million euros).
Alphabet parent company Google resurfaces post bad second quarter
Alphabet shares were affected by these good results, with an 8% growth in the stock market after the close of the market.
CEO Sundar Pichai referred in the conference with analysts to the demand for monopolistic conduct facing the company in the United States.
"We believe that our products create significant benefits for our users and we are confident that we can prove it. Our company remains focused on building a search product that people enjoy and value, " he said.
These are Alphabet's data compared to analysts ' forecasts, taken from Bloomberg.
- Revenue: Revenue: 38,010 million dollars (32,551 million euros), excluding traffic acquisition costs. Analysts expected dólares 35.3 billion.
- Earnings per share: dólares 16.40 (14.04 euros). Analysts expected dólares 11.4.
- Revenue from the cloud business (Google Cloud): 3.440 million (2.945 million euros). 3.310 million were expected.
- Advertising revenue on YouTube ad revenue: 5.040 million dollars (4.315 million euros). 4.520 million were expected.
Alphabet parent company Google resurfaces post bad second quarter
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European authorities should take into account that shared scooters replace walking and public transport, so more CO2 is emitted into the atmosphere, according to a new study
For years, e-scooter companies have argued that they were helping to create cleaner cities, with less traffic and, ultimately, places where it is more desirable to live.
According to their statements in their press conferences, the authorities had to push these companies for the change they brought about.
In one of these presentations, attended by this media, the now former general director of the CIRC shared scooters (now owned by Bird), Diana Morato, explained how cities could enjoy bluer skies and quieter streets if citizens left their cars at home and opted for electric shared mobility vehicles for their journeys.
But what kind of journeys did shared e-scooter users usually take before they started using them? Did they really leave the car at home to travel on the devices of Lime, Bird, and so many other companies? And if they didn't already... would they ever?
That question has been difficult to answer for a few years: scooters were so recent that there had been very little analysis of their use and users, and it was also difficult to make predictions about how far they could go once more solidly implemented, when the population had become accustomed to them.
Now, a new study has concluded that trips on electric scooters mostly replace trips that would have been made by public transport or walking.
The report has been published in Science Direct and will appear in the Journal of Transport Geography in December. It is signed by Barbara Laa and Ulrich Leth, from the Center for Transport Planning and Traffic Engineering Research in Vienna, Austria.
Therefore, its authors encourage European authorities to consider their data when developing public policies linked to these vehicles, both shared and private, as well as institutions around the world.
"This [the results of the study] puts into perspective the sustainability promises of scooter companies, which promote their systems on the grounds that they replace the unsustainable use of private cars with electric scooter journeys," he develops.
"Instead of journeys by car, they mainly replace journeys by walking, which leads to more CO2 emissions and more negative effects on the environment, especially through production, but also through the loading, collection and distribution of shared electric scooters," he warns.
Those who use these scooters are mostly young and middle-aged men, with higher education, the research has also found.
Other studies also point out that scooters may end up increasing CO2 emissions
This study is in addition to other (few) studies on the subject, which have obtained the same conclusions: one from the Metropolitan Area of Barcelona (AMB), another from the city of Portland, Oregon (United States), or another from the Danish Agency for Transport and Road Safety.
When this media has asked the different companies of shared electric scooters, none has provided independent studies that point to scooters get less use of the car, nor that they will get it in the future.
The Danish study also stressed, like the Viennese one, that although electric scooters, like other electric vehicles, are in principle considered "zero emissions" and do not emit pollution to the environment in which they are used, this does not really mean that they have no carbon footprint.
In this sense, other research by the German Environment Agency has pointed out that scooters can end up increasing emissions in the long term, although they are generally more environmentally friendly than cars and motorcycles, but less so than walking and cycling.
One more from North Carolina State University also pointed out months ago that riding a scooter produces more greenhouse gases per kilometer than going by bus, bike, motorcycle or on foot.
The conclusion is explained because, although these vehicles themselves are not particularly polluting, it is the sum of their manufacture together with the efforts of the companies to redistribute the scooters around the city and load them, according to the paper.
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