That is incorrect. Adsense is only one way that google publishes ads. According to their 2009 earnings reports: "Google Network Revenues - Google's partner

That is incorrect. Adsense is only one way that google publishes ads. According to their 2009 earnings reports: "Google Network Revenues - Google's partner sites generated revenues, through AdSense programs, of $2.04 billion, or 31% of total revenues" That is hardly nearly all of googles profits. A significant portion to be sure but not all. You can see the full breakdown here: http://investor.google.com/earnings/2009/Q4_google_earnings.html http://investor.google.com/earnings/2009/Q4_google_earnings....