3 ms·
80% revenue from search advertising is not entirely exact. the revenue of google was 279.8 billion in 2022 [1] GCP made 26.28 billion in 2022 [2] Google play
by MichaelMoser123 3y ago
80% revenue from search advertising is not entirely exact.
the revenue of google was 279.8 billion in 2022 [1]
GCP made 26.28 billion in 2022 [2]
Google play made 42.3 billion revenue [3]
There are probably some other non-search add revenue streams besides these two, I am not too familiar with google - but 'one hit wonder' isn't entirely exact.
[1] https://www.statista.com/statistics/267606/quarterly-revenue-of-google/ https://www.statista.com/statistics/267606/quarterly-revenue...
[2] https://www.statista.com/statistics/478176/google-public-cloud-revenue/ https://www.statista.com/statistics/478176/google-public-clo...
[3] https://www.businessofapps.com/data/google-play-statistics/ https://www.businessofapps.com/data/google-play-statistics/
- AbrahamParangi 3y agoI didn’t say they were a one-hit wonder I said “more of a one-hit wonder” Google is more concentrated than Apple and Microsoft and their ancillary offerings are less synergistic with their main offering.
- hirsin 3y agoOnly Facebook has a more obviously concentrated revenue stream - but Google is a close second. https://www.visualcapitalist.com/how-tech-giants-make-billions/ https://www.visualcapitalist.com/how-tech-giants-make-billio... is enlightening.
- MichaelMoser123 3y agoandroid is driving search, they have google as the default search engine - so there is some synergy here.
- georgeecollins 3y agoIt's probably 80% of profits, given those other things don't have as good margins. The number you site says $42.3 B was spent on the app store. Of that Google usually takes like a 30% cut. And it has overhead etc.