It's Getting Harder to Tell Banks from Tech Companies

Re:It's Getting Harder to Tell Banks from Tech Companies by oblio on Thursday February 15, 2018 @12:24PM (#16385763)

Unless something changed recently, I believe that $95bn of advertising revenue makes them the biggest advertising company in the world :)

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Re:It's Getting Harder to Tell Banks from Tech Companies by golemiprague on Thursday February 15, 2018 @06:11PM (#16388605)

They are the medium, not the advertising company, the same way a tv channel is the medium, not the advertising company. WPP, Omnicom, Dentsu, those are advertising companies. You are conflating here two different things.

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Re:It's Getting Harder to Tell Banks from Tech Companies by coupdetaco on Thursday February 15, 2018 @10:19PM (#16389599)

they are distribution, just like the agencies. Only Google drives distribution costs down

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Re:It's Getting Harder to Tell Banks from Tech Companies by bannable on Thursday February 15, 2018 @12:26PM (#16385779)

Probably WPP or Omnicom.

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Re:It's Getting Harder to Tell Banks from Tech Companies by guyzero on Thursday February 15, 2018 @12:53PM (#16386015)

Omnicom: $15B revenue annually, $17B market cap WPP: $18B revenue, $23B market cap Google: $110B revenue, $750B market cap

Seems like a good argument that being tech-forward provides a multiplier on value versus doing the same old thing, if you believe that these are all just advertising companies.

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Re:It's Getting Harder to Tell Banks from Tech Companies by vonmoltke on Thursday February 15, 2018 @01:02PM (#16386086)

> Google: $110B revenue

Where did you get 110 from? I'm seeing 90 for last year.

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Re:It's Getting Harder to Tell Banks from Tech Companies by guyzero on Thursday February 15, 2018 @01:10PM (#16386166)

https://finance.yahoo.com/quote/GOOGL/financials?p=GOOGL

$110B total revenue for 2017

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Re:It's Getting Harder to Tell Banks from Tech Companies by chillee on Thursday February 15, 2018 @01:33PM (#16386342)

That's all revenue, including non-advertising revenue.

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Re:It's Getting Harder to Tell Banks from Tech Companies by icebraining on Thursday February 15, 2018 @03:26PM (#16387296)

True, the ad revenue was $95B.

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Re:It's Getting Harder to Tell Banks from Tech Companies by vonmoltke on Thursday February 15, 2018 @02:15PM (#16386659)

Yeah, I screwed up and was looking at the wrong number.

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Re:It's Getting Harder to Tell Banks from Tech Companies by tomc1985 on Thursday February 15, 2018 @01:54PM (#16386496)

Hardly a fair comparison, considering Google's extensive non-advertising product offerings

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Re:It's Getting Harder to Tell Banks from Tech Companies by friday99 on Thursday February 15, 2018 @02:09PM (#16386611)

Those "other revenues" only account for about 13% of Google's revenue. So its a fair comparison. Google is almost 90% an advertising company.

https://abc.xyz/investor/pdf/2017Q4_alphabet_earnings_releas...

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Re:It's Getting Harder to Tell Banks from Tech Companies by tomc1985 on Thursday February 15, 2018 @02:46PM (#16386918)

Yes because all those apps exist... to funnel people towards Google's extensive advertising network, so the money shows up as adbiz revenue instead of with products.

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Re:It's Getting Harder to Tell Banks from Tech Companies by freeone3000 on Thursday February 15, 2018 @03:56PM (#16387560)

So, by pursuing other technological innovations, they are able to expand their advertising business?

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Re:It's Getting Harder to Tell Banks from Tech Companies by tikhonj on Thursday February 15, 2018 @02:09PM (#16386607)

Extensive non-advertising product offerings that somehow don't translate into extensive non-advertising revenue...

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Re:It's Getting Harder to Tell Banks from Tech Companies by guyzero on Thursday February 15, 2018 @03:05PM (#16387106)

"if you believe that these are all just advertising companies."

I'm not the one calling Google an all-advertising company, I'm just saying that if it is, it's by far the biggest.

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Re:It's Getting Harder to Tell Banks from Tech Companies by vlovich123 on Thursday February 15, 2018 @12:31PM (#16385829)

Google.

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Re:It's Getting Harder to Tell Banks from Tech Companies by hammock on Thursday February 15, 2018 @12:53PM (#16386010)

By a factor of 30

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Re:It's Getting Harder to Tell Banks from Tech Companies by ska on Thursday February 15, 2018 @03:17PM (#16387207)

30? More like 5. Still a good point.

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Re:It's Getting Harder to Tell Banks from Tech Companies by hammock on Thursday February 15, 2018 @04:29PM (#16387810)

Revenue vs market cap

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