3 ms·
That's bullshit and you know it. Google is a large company with many businesses. How is Google Cloud Platform related to advertising? Nest? Liftware? Google Do
by btian 11y ago
That's bullshit and you know it.
Google is a large company with many businesses. How is Google Cloud Platform related to advertising? Nest? Liftware? Google Docs?
Fact is advertising is cyclical, and Google is aggressively diversifying away from it.
- freyr 11y ago> Google is a large company with many businesses. Yes, many tiny, unprofitable "businesses" that contribute little to nothing to Google's bottom line, except through direct or indirect support of the advertising business that generates the vast majority of its revenue.
- cromwellian 11y agoYou have it exactly backwards. Google's Ads business throws off massive amounts of cash to spend on R&D diversifying away from Ads. The Ads business is maxing out, you cant generate 20% revenue growth per year by continuing to have a 97% ads business model. This "oh, but they're going to use it for ads" meme is pure lazy and sloppy thinking.
- deleted 11y ago[deleted]