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Companies are spending less money for ads, some even went bankrupt. People also have less money to spend, or are just careful not wasting it in uncertain times.
by slightwinder 6y ago
Companies are spending less money for ads, some even went bankrupt. People also have less money to spend, or are just careful not wasting it in uncertain times.
Though, yes, in most countries it normalizes, but the dent in income is visable.
- quicklime 6y agoAnd yet, Google’s revenue only decreased by 2%, and Facebook’s increased by 11%. I can see Google making an argument not to increase the amount of money they pay to Mozilla this time, but not to decrease it.
- slightwinder 6y agoNot really? Revenue in Q1 and q2 for Alphabet were sinking. What went up were other areas than advertisment, as also they were doing some budget-savings, to reduce the actual fall of revenue, saving some costs at the end.
- quicklime 6y agoHmm, yeah I was talking about total revenue, but "Google Search & other" revenue went down by about 13% between Q1 and Q2. Which is not great, but the market seems to think this will be a temporary thing (their stock is trading at February prices).