4 ms·
Not predicting a downfall but just to give you some perspective: 80% of Google's revenue is from advertising. They only disclose net income for three very wide
by jcfrei 6y ago
Not predicting a downfall but just to give you some perspective: 80% of Google's revenue is from advertising. They only disclose net income for three very wide segments: Services, cloud and other bets. Only three services - that is search, youtube and google play - are profitable. GCP, maps, Chromebooks, Waymo, G Suite (that includes Gmail, Drive, etc) are a net loss.
- Ozzie_osman 6y agoThe comment above is saying that Google can't invest for the long-term and requires runaway success in a product or two. Your argument (that Google currently has a portfolio of products that are a net loss) shows that they at least try. In particular, GCP and Waymo are really long-term and strategic investments.
- arcturus17 6y agoDo you have any source for Youtube being profitable? They've only been starting publishing revenue for it recently, but as of Q1 2020 they were still hiding profits [0] Some analysts I follow (I think Ben Thompson was in this camp) have been long speculating that it was actually operating at a loss. [0] https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us-about-youtube-and-cloud-profits.html https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us...
- bryanlarsen 6y agoThey started reporting both of those in the last quarter. Youtube is profitable, GCP isn't. https://abc.xyz/investor/static/pdf/2020Q4_alphabet_earnings_release.pdf?cache=9e991fd https://abc.xyz/investor/static/pdf/2020Q4_alphabet_earnings...