Re:Eric Schmidt Steps Down from Alphabet’s Board of Directors
by nostrademons on Wednesday May 01, 2019 @01:24AM
(#19794742)
They made a billion dollars in revenue in 2017 and about $520M in 2018, in the midst of a massive bear market. For a company whose primary product is software and doesn't need to worry about cost-of-goods-sold the way that sharing economy companies do. Supposedly they made $450M in profit. They're doing way better than Uber and Lyft are, which continue to lose money even after going public.
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