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There may be more polished products from other companies, but fact is they do sell many other services, which perhaps in aggregate turn good profit? Like: Driv
by angrais 6y ago
There may be more polished products from other companies, but fact is they do sell many other services, which perhaps in aggregate turn good profit?
Like: Drive? Android (e.g. Play store)? Photos? YouTube? Google music?
- scarface74 6y agoIt came out in the Oracle lawsuit that Android had only made Google $23 Billion in profit from its inception through mid 2016. https://www.theverge.com/2016/1/21/10810834/android-generated-31-billion-revenue-google-oracle https://www.theverge.com/2016/1/21/10810834/android-generate... Google pays Apple a reported $8 Billion a year to be the default search engine for iOS. The profit from Android isn’t even enough to pay Apple. YouTube is thought to be barely above break even and streaming music has horrible economics for the platform. Look at Spotify. Google Music is third behind Spotify and Apple. Who pays for Google Photos? You get free unlimited good enough storage.
- angrais 6y ago$23 BILLION over 3-4 years is a lot though! Since Apple isn't confirmed we can only speculate, and if you're right that's crazy. What about Google cloud infrastructure and Sass that they deliver? Possibly this and data across services is part of the package they sell to add companies? I don't think it's fair to compare between different companies. If they turn a good profit, then good for them. Of course, not photo books are likely not selling at the scale of other products. Also, I meant Google One for storage, which I pay for, and you can buy photo books via Google Photos.
- scarface74 6y agoThat’s $23 Billion over 6 years. Compare that to Apple in one quarter. Actually now reports are that it’s up to $12 billion that Google pays Apple. https://fortune.com/2018/09/29/google-apple-safari-search-engine/ https://fortune.com/2018/09/29/google-apple-safari-search-en... > What about Google cloud infrastructure and Sass that they deliver? Around $10 billion in revenue and no telling how little in profit. GCP is a distance third. > Of course, not photo books are likely not selling at the scale of other products. Also, I meant Google One for storage, which I pay for, and you can buy photo books via Google Photos. If DropBox is number one by a large margin and can’t make a decent profit, how well do you think Google is doing? But that is also included in the $10 billion revenue for cloud.
- runawaybottle 6y agoHow is this possible with 2.5 billion Android devices out there?
- scarface74 6y agoHow many of those 2.5 billion phones are $30 phones sold in India? How much money are people in the US spending on Google services that are buying cheap phones from one of the MVNOs? The only method that Google makes money from Android are Google Play and ads. They have a rev share with OEMs for the ads. People who are willing to spend money, overwhelmingly by iOS devices.
- tracker1 6y agoThey do get a cut via google payment options in and out of the play store... but most apps people use are "free".