lol they’re trying to undercut their entire profit model by spending billions on something nobody wants (well, the slop boys, but they’re never going to be able fund it by themselves) - groogle needs everyone on board and that’s never gonna happen. meanwhile it’s costing them dearly
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.
Technically no, at least not to other companies, that would be the dumbest thing for them to do
and ad placements?
Yeah, that’s the one.
Companies like Google and Meta prefer not selling your data because… why feed their own competition? Their product is access to the ad network which has profiles on everyone. If they sell that data to competitors, the competitors can build a good ad network too (though the space it can sell isn’t necessarily as premium of course).
They all will sell or even just share your data to some three letter government agencies though. Because those aren’t competition.
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.
Technically they still made more money. They just made less than their projections by about a billion dollars.
lol they’re trying to undercut their entire profit model by spending billions on something nobody wants (well, the slop boys, but they’re never going to be able fund it by themselves) - groogle needs everyone on board and that’s never gonna happen. meanwhile it’s costing them dearly
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.
Technically no, at least not to other companies, that would be the dumbest thing for them to do
Yeah, that’s the one.
Companies like Google and Meta prefer not selling your data because… why feed their own competition? Their product is access to the ad network which has profiles on everyone. If they sell that data to competitors, the competitors can build a good ad network too (though the space it can sell isn’t necessarily as premium of course).
They all will sell or even just share your data to some three letter government agencies though. Because those aren’t competition.
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.
I wish we had a solution to bring up maps on Android Auto without google, lmk if you figure something out.