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Google's revenue for 2019 was $161 billion, so $5b amounts to about 3.1% of their revenue. https://finance.yahoo.com/quote/GOOG/financials?p=GOOG https://finan
by brenden2 6y ago
Google's revenue for 2019 was $161 billion, so $5b amounts to about 3.1% of their revenue.
https://finance.yahoo.com/quote/GOOG/financials?p=GOOG https://finance.yahoo.com/quote/GOOG/financials?p=GOOG
- d33 6y agoDoesn't sound like something that they could actually care about. How much theoretically would they have to lose in order to actually have to comply?
- brenden2 6y agoAssuming they had to pay the full amount, sure, it might make a dent, but it's also a one time event. It amounts to losing ~11 days of revenue, less than 2 weeks.
- jdmichal 6y agoBut earnings was only $34 billion. A ~15% hit to earnings would probably not fare very well on the market, even if it is only one-time.