Comment on Alphabet Discloses Nest Financials for the First Time

Alphabet Discloses Nest Financials for the First Time

It's been quite a month for investor transparency. Not only did Amazon.com finally confirm last week that it now has over 100 million Prime members, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) shareholders are now getting a glimpse of subsidiary Nest's financial results for the first time, after the holding company reported first-quarter results yesterday evening.The revelation is thanks to Nest becoming part of Google again in a move intended to consolidate the company's growing hardware operations under one corporate umbrella.

 

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