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Google Network 2022 q1: $8,174 2023 q1:$7,496 Yikes. that's a steep drop. Youtube revenue is almost flat too. Pretty worrying as a shareholder :-/
by pcurve 3y ago
Google Network 2022 q1: $8,174 2023 q1:$7,496
Yikes. that's a steep drop. Youtube revenue is almost flat too.
Pretty worrying as a shareholder :-/
- onlyrealcuzzo 3y agoGoogle is a lot more diversified than everyone on HN seems to think.
- pcurve 3y agoThe PDF seems to indicate otherwise? Google Search & other 40B YouTube ads 6.7B Google Network 7.5B Google other 7.4B Google Cloud 7.5B Other Bets 0.288B
- bushbaba 3y agoOf which Google Cloud uses infrastructure funded by search, youtube, and ads. The Cloud costs would grow drastically if there were not Search/Ads business
- hrunt 3y agoNormally, when a company gets 80% of their revenue from one line of business, the market does not see them as "diversified". Are you saying that you think everyone on HN thinks they get a larger precentage of their revenue from ads, or that the 80/20 split in their revenue does not accurately represent their diversification?
- Workaccount2 3y agoGoogle has a cash cow that they fund all their side adventures with. And once they get board of one they either shut it down or just abandon it.
- not_good_coder 3y agoThis is the right answer!