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But... here's the revenue and profits for Google and Facebook since 2017 (when the article appears to have been written), including analyst forecasts for the ne
by samspenc 8y ago
But... here's the revenue and profits for Google and Facebook since 2017 (when the article appears to have been written), including analyst forecasts for the next year (* are analyst forecasts).
2017 2018* 2019*
Google revenue $110.86B $136.47B $162.64B
Facebook revenue $40.65B $55.36B $68.87B
Apple revenue $265.60B $277.91B $289.25B
While Apple's growth rate seems to be slowing down (due to iPhone sales slowing), both Google and Facebook are apparently predicted to be growing well (by 20% - 30% growth each year.)
Sources:
Google: https://finance.yahoo.com/quote/goog/analysis/ https://finance.yahoo.com/quote/goog/analysis/
Facebook: https://finance.yahoo.com/quote/fb/analysis/ https://finance.yahoo.com/quote/fb/analysis/
Apple: https://finance.yahoo.com/quote/aapl/analysis/ https://finance.yahoo.com/quote/aapl/analysis/
- T2_t2 8y agoThe article is weird in that Google has the single greatest advantage - YouTube. Ctrl + F youtube and ... nothing. TV ad revenue is going to start changing, but the value of video ads is massive. Google has not just YouTube, but the best video advertising platform for others to use. If 15% of the US$70B on TV ads moves to YouTube, Google's growth should be sustainable. Multiply that by not just by the USA but Europe, Japan and Asia, and Google's growth looks fine. If Google reaches the point they can buy the NBA TV rights for YouTube, heck, start small and buy the TV rights for a major Australian sporting league as a test run, or perhaps a single college conference like the ACC, and lets see how that article ages.
- votepaunchy 8y agoThe ACC Network is wholly owned by ESPN. The professional networks are certainly an opportunity when the current contracts expire.
- ThrowawayR2 8y ago> If 15% of the US$70B on TV ads moves to YouTube, Google's growth should be sustainable What do you base that estimate off of? The last anyone heard, there were leaks saying that YouTube was barely break-even as late as 2015 and then the "Adpocalypse" occurred in 2017 that dropped ad spending on YouToube significantly. Articles corroborating both are easily found on Google.
- gok 8y agoYour columns headers are wrong because the companies have different fiscal years. The $265b Apple figure is actually for Apple's 2018 year; it's currently Apple's 2019 year.