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Product is something you sell to make money. The only real Google product is users sold to advertisers.
by rasz 3y ago
Product is something you sell to make money. The only real Google product is users sold to advertisers.
- vore 3y agoUh, what about all of their paid cloud offerings?
- rasz 3y agoDistraction. Generated whole 1% of overall profit last quarter, and that was the first time it didnt lose money. https://www.cnbc.com/2023/04/25/googles-cloud-business-turns-profitable-for-the-first-time-on-record.html https://www.cnbc.com/2023/04/25/googles-cloud-business-turns...
- jsnell 3y agoGoogle's non-advertising revenue in the latest quarter was about $15 billion. Is that significant amount of non-ads product revenue? At least that is higher than the revenue of any of IBM, HP, Oracle, Intel, Cisco, Netflix, Broadcom, Qualcomm, or Salesforce in that same quarter. I think their non-ads businesses alone would be the 6th largest US tech company by revenue. (Amazon, Apple, Microsoft, the ads business of Alphabet, Meta. Am I forgetting something?)
- rasz 3y agoRevenue is easy when you lose money on every dollar. Last quarter Ads printed $21B of income, rest was a loss except cloud not losing hundreds of $millions for the very first time. https://abc.xyz/assets/investor/static/pdf/2023Q1_alphabet_earnings_release.pdf https://abc.xyz/assets/investor/static/pdf/2023Q1_alphabet_e...