4 ms·
Is there a breakdown of their income sources? I would have guessed this is the prime income earner by a large margin.
by skeletonjelly 14y ago
Is there a breakdown of their income sources? I would have guessed this is the prime income earner by a large margin.
- philip1209 14y agoFrom their 2010 10-K: "Advertising revenues made up 97% of our revenues in 2008 and 2009, and 96% of our revenues in 2010. We derive most of our additional revenues from offering display advertising management services to advertisers, ad agencies, and publishers, as well as licensing our enterprise products, search solutions, and web search technology." 2010 Revenue: 29.321 Billion Therefore, advertising brought in >$28 Billion in 2010 (Therefore they average $1 Million in advertising revenue ever ~19 minutes, hence the laughable understatement of the article) Source: http://investor.google.com/documents/20101231_google_10K.html http://investor.google.com/documents/20101231_google_10K.htm...
- awavering 14y agoIt's an expression, not an understatement.