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That is about 7% of google’s 2018 revenue! It is 30% of google’s net operating income!!
by tonmoy 8y ago
That is about 7% of google’s 2018 revenue! It is 30% of google’s net operating income!!
- wmf 8y agoI looked it up: "Cost of revenues was $59.5 billion, consisting of [traffic acquisition cost] TAC of $26.7 billion and other cost of revenues of $32.8 billion. Our TAC as a percentage of advertising revenues was 23%." So yeah, you have to spend money to make money. https://www.sec.gov/Archives/edgar/data/1652044/000165204419000004/goog10-kq42018.htm#s31376B09D3B756EEB619A1219E4F06AA https://www.sec.gov/Archives/edgar/data/1652044/000165204419...