Googlies: Post Financial Factoids
February 7, 2016
I read a number of articles about Google’s stunning financial results. I took out my trusty 5×8 note cards and jotted down the items which I found interesting.
Here are the Googlies for February 2016:
- The Google science club projects cost $3.6 billion in losses. (Source: “Big Bets Cost Alphabet…”) Does this mean that Google has no other revenue streams except online advertising which was inspired by GoTo, Overture, and Yahoo?
- Google wants to control Android and be more like Apple, the second most valuable company in Bubble Land. (Source: “Google Wants to Take Apple Like Control over Nexus Devices) Perhaps Eric Schmidt should rejoin the Apple Board of Directors.
- Gmail has a handful of users, about one billion. Okay, that’s a start. (Source: “Gmail Now Has More than 1 Billion Monthly Active Users…”)
- YouTube aficionados consume more video than the Zuckeroids. (Source: Google’s CEO Reminded Investors…” Question: Has Facebook turned on the spigot for video or is Facebook’s video sort of a limited test?
- The Alphabet Google thing has more than 61,000 employees. (Source: “Google’s Parent Company Now Has…”)
I assume that online advertising is not subject to saturation. Does this mean that Google’s revenue is infinite? Sure it is, but it might be a comfort to some stakeholders if, after 15 years, Google had additional revenue streams. Look at Amazon. It is going to do the brick and mortar bookstore thing to raise dough.
Monocultures are fascinating.
Stephen E Arnold, February 7, 2016
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