WingNews

wutbrodo|3 years ago

I'm always a little confused by this claim. Focusing on revenue-generating products and not the user products they use to sell them: Google Search was their first success, then AdSense (third-party display ads), then YouTube. The latter two each make almost $30B/yr (run rate). Ignoring ads, Google Cloud makes >$20B/yr, as do Google hardware sales, with an additional $30B/yr from "non-advertising Other".

I don't really understand how one supports this claim without using decidedly non-standard definitions and grouping of revenue. If you insist on lumping together separate, wildly-successful revenue-generating products into overbroad groups by the manner in which the revenue is collected, and ignore a couple of objectively enormous revenue streams: Do you similarly feel that Apple "hasn't found a second gold vein" beyond "hardware sales"?

agloeregrets|3 years ago

Google bought their other Gold.

Youtube, Android, Google Search on iOS, ChromeOS. All of it is a moat to protect the first.

amelius|3 years ago

If the gold vein is advertising, then there is no other gold vein for Google.

sp332|3 years ago

YouTube doesn't make a lot of money. Android might if you include the Play store.

metacritic12|3 years ago

But they (chose / lucked into) a gold vein that's huge and growing.

And played no small role in shaping the ecology (Android to keep abreast of mobile, Pixel to reduce hardware monopoly) to ensure that gold vein grew.

asdff|3 years ago

Don't they have like a dozen ore veins?

Valakas_|3 years ago

When you have unlimited money, there's no need to find it. Just buy it.

perlgeek|3 years ago

What about cloud?

kube-system|3 years ago

GCP loses money. They just reported their best quarter for cloud earnings. Negative 931 million dollars in Q1 2022.

halfmatthalfcat|3 years ago

Hasn’t Google said if they don’t “win” Cloud against AWS and/or Azure, they’re going to shut GCP down eventually?

random314|3 years ago

Isn't the phrase gold mine?

Integrape|3 years ago

You build the mine after finding the vein.

sp332|3 years ago

A vein of gold is an incredibly pure area of ore. Sometimes you can basically pick chucks of gold up off the ground. https://www.livescience.com/bonanza-gold-vein-nanoparticles....

amelius|3 years ago

You can't accidentally hit a gold mine like you can a gold vein.

alaricus|3 years ago

Google is fk'ed if wide-scale ad blocking really picks up. For example ISP-level adblocking.

acchow|3 years ago

> For example ISP-level adblocking.

Google could circumvent this if ISPs tried this.

How would an ISP block ads coming in encrypted as normal content?

wonderbore|3 years ago

Of course they’re not. It just might get more complicated for users but it’d be super easy for them to set up cloaking. uBlock could deal with that, ISP won’t.

Either way that will never happen obviously; Why would an ISP “block ads”? They’re literally hosting Google hardware (specifically YouTube’s cache)

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