Re:What if performance advertising is just an analytics scam?
by joe_the_user on Thursday October 14, 2021 @03:03PM
(#28868524)
I don't think Google has a profit rate massively higher than other similar companies (say, Apple or Facebook). It gets a lot of profit because it is large.
Compare: https://ycharts.com/companies/GOOG/profit_margin https://ycharts.com/companies/AAPL/profit_margin https://ycharts.com/companies/FB/profit_margin
Of course, manufacturing companies have a lot less: https://ycharts.com/companies/GM/profit_margin