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What Alphabet’s 4Q17 Earnings Revealed about Waymo

Naomi Gray
Updated
What Alphabet’s 4Q17 Earnings Revealed about Waymo

Waymo, which focuses on autonomous driving, is one of the businesses under Alphabet’s (GOOGL) Other Bets segment. One item that came out clearly from Alphabet’s conference call to discuss its 4Q17 and fiscal 2017 results was that Waymo’s contribution to Other Bets revenues is currently insignificant. Speaking at the conference, Alphabet’s chief financial officer, Ruth Porat, said that Other Bets revenues are primarily generated by Nest, Google Fiber, and Verily.

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