Re:Reflecting on 18 Years at Google
by rileyphone on Wednesday November 22, 2023 @05:12PM
(#38385892)
That's an article from 2021 that says ads were 80% of revenue
When companies figure out that cloud is a waste of money, this might not work.
How well they are succeeding at that is up to interpretation but they are chipping away at Ads' percentage of revenue. It used to be higher than 85% but as of 2022 it's down to only being 58% of operating revenue[0].
0. https://www.cnbc.com/amp/2021/05/18/how-does-google-make-mon...