#57 – Big Tech Earnings

Google (Steady Compounding)

Revenue grew 62% to $62B for Q2 2021

Operating income grew 203% to $19B, a margin of 31%.

What’s more amazing is the numbers Youtube is throwing off.

Youtube with a monster quarter growth of 84% Y/Y to hit a run-rate of $7B.

It now accounts for 11% of Google’s revenue!

And we’re still in the early innings.

Share of US TV Time in June 2021.

Streaming is still only 27%:

8% Netflix

6% YouTube

3% Hulu

2% Prime Video

2% Disney+

8% Other small platforms

  • Alphabet reported $61.9 billion in total revenue versus $56.1 billion expected by analysts.
  • Google’s ad services brought in $57.1 billion, while Cloud revenue grew to $4.6 billion.


Apple Q2 2021 earnings are out:

  • iPhone revenue up 65%
  • Mac revenue up 70%
  • iPad revenue up 78%
  • wearable revenue up 24%
  • services revenue up 26%

$89.6 billion in revenue overall, up 54%. massive numbers here during a pandemic


Here’s how the company did:

  • Earnings: $15.12 vs $12.30 per share, according to analysts surveyed by Refinitiv
  • Revenue: $113.08 billion vs $115.2 billion, according to analysts surveyed by Refinitiv

Amazon’s headcount continues to swell. At the end of the third quarter, Amazon employed 1.33 million people worldwide, up 52% year over year

Bezos’ last quarter as CEO.


  • Q2 GAAP EPS of $3.61 beats by $0.61.
  • Revenue of $29.07B (+55.5% Y/Y) beats by $1.18B.
  • DAU of 1.91B vs. 1.91B consensus; MAU of 2.9B vs. 2.90B.
  • Operating margin of 43% vs. a consensus of 37.6%.
  • Cash and cash equivalents and marketable securities were $64.08 billion as of June 30, 2021.
  • TTM:
  • Revenue: 104B
  • Operating margin: 42.5%
  • Net Profit: 39B






Subscribe to Cold Brew Money | About Cold Brew Money | Cold Brew Money All Episodes | Cold Brew Money Rabbit Hole

Buy Cold Brew Money A Coffee

Hosts: Atit & Tapan

Contact us: Twitter | Instagram | Email

Please note:

Information is only for educational and entertainment purposes and should not be relied upon as investment advice.

This episode is sponsored by
· Anchor: The easiest way to make a podcast. https://anchor.fm/app

Send in a voice message: https://anchor.fm/cold-brew-money/message