Yeah, they made double-digit profits. They have been swimming in money for decades and their cash ocean is still getting bigger at an insane rate.
Revenue, however, rose 25% to an enormous $127.6bn. The figure was slightly below the roughly $128bn analysts had forecast.
Advertising revenue grew 11% to $82bn, short of expectations. Revenue from Google’s search business, still the company’s largest source of income, rose 12% to $63.4bn, slowing from 17% growth in the previous quarter.
Jesus, and that’s just from selling user data and ad placements? Yeah they are never willingly moving away from that business. Investors wouldn’t let them.
I mean some will but I get what you mean. Many people will just never pay the opportunity cost to divest themselves, no matter how far Google falls.
Aside: this is what people like us are good for. You’d better believe that everyone I know well knows that they can come to me if they ever want help degoogling, decorporatising, or otherwise exorcising their tech. Sometimes they even do.
Yeah, they made double-digit profits. They have been swimming in money for decades and their cash ocean is still getting bigger at an insane rate.
Jesus, and that’s just from selling user data and ad placements? Yeah they are never willingly moving away from that business. Investors wouldn’t let them.
Thanks for posting the snip.
And users will never willingly move away either, so we’re stuck with them getting bigger and bigger until the system collapses.
I mean some will but I get what you mean. Many people will just never pay the opportunity cost to divest themselves, no matter how far Google falls.
Aside: this is what people like us are good for. You’d better believe that everyone I know well knows that they can come to me if they ever want help degoogling, decorporatising, or otherwise exorcising their tech. Sometimes they even do.