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by Ygg2
2361 days ago
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Here is the thing. Google has one primary source of revenue. Ad tech. If Ad tech fails, all their other sources of revenue won't be able to pay for their other services, so the fear they'll cut them is warranted. Disclaimer I use Google services, but I'm definitely looking for alternatives. |
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This is changing though - the most recent quarterly report has YTD ad revenues as 84% of overall revenues, with the corresponding previous year's period at 86%. The non-ad revenues are in the tens of billions of dollars - hardly nothing.
https://abc.xyz/investor/