Self-driving cars, Fiber & Alphabet’s other moonshots lost $859m this past quarter

Self-driving cars, Fiber & Alphabet’s other moonshots lost $859m this past quarter

sonicwrecks|10 years ago|Alphabet Inc

As long as Google’s core businesses keep printing money, Wall Street will be fine with its unorthodox arms losing cash.

The subsidiaries under Alphabet outside of Google — the 10 or so units that include its broadband effort, self-driving car and far-out medical projects — brought in $185 million in sales this past quarter and lost $859 million.

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