Alphabet: Price Of Doing Business [Seeking Alpha]
Apple Inc. (AAPL)
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Source: Seeking Alpha
Alphabet: Price Of Doing Business Summary The European Commission fined Google another $1.7 billion for anti-competitive practices already eliminated by the company. The market is rightfully focused on the new market opportunities like streaming video games. Alphabet has the cash to easily cover the fine and continue investing in the future. The stock trades at an EV of about 15x '20 EPS estimates. Another day another fine GOOG GOOGL bullish investment thesis Image Source: Google store Another EU Fine The European Commission on antitrust cases hit Google with a €1.49 billion or $1.7 billion fine for anti-competitive practices related to its AdSense advertising services from 2006 to 2016. The fine was the third in two years that amount to a total of €6.7 billion. Per European Competition Commissioner Margrethe Vestager: Today's decision is about how Google abused its dominance to stop websites using brokers other than the AdSense platform. The misconduct had three prime avenues to stif
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AAPL
Earnings
- 2/1/24 - Beat
AAPL
Sec Filings
- 4/17/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- AAPL's page on the SEC website