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6% revenue growth is atrocious for Google and also a bad signal for the broader economy because it means companies are drastically cutting back on ad spend
by ren_engineer 4y ago
6% revenue growth is atrocious for Google and also a bad signal for the broader economy because it means companies are drastically cutting back on ad spend
- bwb 4y agoWhich is normal for an economic slow down right? Ad market always gets hit first?
- pclmulqdq 4y agoOnline advertising as a market is growing faster than Google's revenue. The real story here is that for the past year or so, they have been getting away with milking YouTube users with increasing numbers of ads, and now the consumers are rejecting that.
- colinmhayes 4y agoGrowth was like 50% last year. They're just coming back to earth in a post pandemic world. In fact growing revenue at all now that people spend so much less time on their computer seems like a huge win to me, now they just need to control costs.