Re:Larry Page is making huge bets on new technology
by amaks on Thursday November 13, 2014 @06:26PM
(#8604841)
It does -- there are products for enterprises, hardware, Google Play ecosystem, Internet access (fiber, loon), operating systems, investments into health research and robotics, self-driving cars, house energy and safety products (Nest). Not enough?
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Re:Larry Page is making huge bets on new technology
by millstone on Thursday November 13, 2014 @07:05PM
(#8605013)
Enterprise (with Google Docs), and maybe Chromecast, are the two arguably profitable non-advertising products. The other product areas are surely in the red.
Google is trying to diversify, but they haven't been successful at turning a profit on non-advertising products, at least not yet.
Re:Larry Page is making huge bets on new technology
by amaks on Thursday November 13, 2014 @08:41PM
(#8605376)
How can you possibly know (unless you're a member of Google leadership team)?
Re:Larry Page is making huge bets on new technology
by ghaff on Friday November 14, 2014 @02:34AM
(#8606191)
Because they're a public company and are therefore required by the SEC to provide a certain level of disclosure about the sources of their revenue.
Re:Larry Page is making huge bets on new technology
by amaks on Friday November 14, 2014 @06:00PM
(#8610038)
I understand that, but it's not what I meant. I meant is how he knew that other products such as Play store are not profitable? I don't think Google breaks down the profit reports to this level of granularity, so it might be just reported as an ad revenue/profits.