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Despite today's news about Google's expectation-beating Q3 revenue, I'm concerned about the company's long-term prospects in computing. Looking at Google's rec
by RyanMcGreal 16y ago
Despite today's news about Google's expectation-beating Q3 revenue, I'm concerned about the company's long-term prospects in computing.
Looking at Google's recent annual report, filed on October 28, 2010, Google generated 96% of its revenues and 99% of its profits from the following one division: advertising. While this divisions includes a collection of products and services (e.g., mobile), it appears that most of the revenues and almost all the profits of these divisions is driven by AdWords.