That's a whole lot of words to say almost nothing, and to confuse unrelated things (like market cap and revenue, as in: "Wall Street seems to appreciate the Alphabet structure. In the last year, the stock price has risen over a hundred points and reached a record high this year, at a market cap of almost $550 billion. These revenues virtually all come from the Google division, of course.")
[EDIT: The article has been edited to make the particular paragraph quoted above less nonsensical.]
You're taking that out of the context of the article. The author clearly knows the difference.
> Alphabet is a weird company. Only one part of it makes significant profits: Google, whose revenues are humongous. [...]
>Wall Street seems to appreciate the Alphabet structure. In the last year, the stock price has risen over a hundred points and reached a record high this year, at a market cap of almost $550 billion. Its revenues virtually all come from the Google division, of course.
That quote is not complete nonsense, but it wasn't the text at the time I read it (which I cut and pasted in my post, you can compare.)
Its been rewritten to be somewhat less nonsensical (though the last sentence of that paragraph is now both redundant with other parts of the article and a non-sequitur in the paragraph it is included in.)
I'm confused. The text you included and the text nostromo included differ only in that one says "Its revenues" and the other says "These revenues". Is there more to this that I'm missing?
"These revenues come from..." when the only antecedent for "these" is the market cap figure makes no sense, while "Its revenues come from..." where the antecedent for "its" is clearly "Alphabet" makes sense, though (again) it is redundant with other parts of the article and a non-sequitur in that paragraph.
Thanks, that clears it up. I'm apparently not nearly as sensitive to attribution of items when reading about financials, since I rarely deal with that realm.
[EDIT: The article has been edited to make the particular paragraph quoted above less nonsensical.]