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https://www.sec.gov/Archives/edgar/data/1652044/000165204419000004/goog10-kq42018.htm#s2C90234435305497B8545742542AABBD https://www.sec.gov/Archives/edgar/data/
by JetSpiegel 8y ago
https://www.sec.gov/Archives/edgar/data/1652044/000165204419000004/goog10-kq42018.htm#s2C90234435305497B8545742542AABBD https://www.sec.gov/Archives/edgar/data/1652044/000165204419...
Their revenue last year was 136 billions. Even if we charitable assume app developers spend 10 billions per annum in aggregate, that's only 10%. Ancillary revenue.
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- benologist 8y agoAndroid alone accounted for $31b revenue in 2016, according to Oracle, of which $22b was purportedly profit just for 2016. Excluding Android's contribution to their advertising ecosystem, which is another chunk of that $136 billion you mention. That's far more than 10% of their gross profit, but even if it was less why would that absolve Google of responsibility? The % doesn't create the customer the transactions do. https://www.bloomberg.com/news/articles/2016-01-21/google-s-android-generates-31-billion-revenue-oracle-says-ijor8hvt https://www.bloomberg.com/news/articles/2016-01-21/google-s-...
- HillaryBriss 8y agoWait. I'm reading that differently. I read it as saying $31 billion in revenue since Android was released, not in 2016 alone. That was more than 10 years ago. And of that $31 billion, $22 billion is profit. Finally, a lot of that revenue came from payments made to Google by handset operators, not app developer fees.
- benologist 8y agoIt's probably wrong, just something internal Oracle leaked on a topic without much transparency. But even if all Google ever made was the $25 one-time fee all Play Store developers have paid they meet the criteria to be customers. It's got to be about 2 decades since only advertisers gave Google money in exchange for goods and services, since then there are dozens of ways to be their customer.
- HillaryBriss 8y ago> Play Store developers have paid they meet the criteria to be customers. totally agree. Google has a lot of customers and it seems like a lot of them receive mediocre or poor service, especially app developers. then again, i've seen other HN posts state that corporate customers also receive mediocre service from Google.