Caged said:When will people realise Google aren't the internet gods everyone thinks they are? They don't make money, full stop. They are going to have to make huge changes to their business model if they want to be around in five years.
Jet said:I don't get it. They made $6.1 billion last year.
Caged said:When will people realise Google aren't the internet gods everyone thinks they are? They don't make money, full stop. They are going to have to make huge changes to their business model if they want to be around in five years.
Caged said:Because they are hilariously overvalued. All they have is AdWords.
If a crash in their stock price means they have to re-think their strategy and services then this can only be good because the whole "make a fanfare then limit the signups, or have the system crash because we're cheapskates, but we can put out a nice bit of PR because we're Google" attitude is failing now.Caged said:Because they are hilariously overvalued. All they have is AdWords.
Caged said:When will people realise Google aren't the internet gods everyone thinks they are? They don't make money, full stop. They are going to have to make huge changes to their business model if they want to be around in five years.
Visage said:Erm...they made 1.5 billion dollars profit last year, up from 400 million the year before that....i struggle to see how you can say 'They dont make money, full stop'.
They DO. Full stop.
They make an absolute killing through AdWords. Just look at the number of websites running AdSense, the thousands of clicks these ads get every second and the cut Google take from each of those clicks. They make an absolute killing.Caged said:When will people realise Google aren't the internet gods everyone thinks they are? They don't make money, full stop. They are going to have to make huge changes to their business model if they want to be around in five years.