Voyager@psychedelia.ink to Technology@lemmy.worldEnglish · 1 year agoGoogle quietly raised ad prices to boost search revenue, says executivewww.theverge.comexternal-linkmessage-square22fedilinkarrow-up1184arrow-down16cross-posted to: hackernews@lemmy.smeargle.fans
arrow-up1178arrow-down1external-linkGoogle quietly raised ad prices to boost search revenue, says executivewww.theverge.comVoyager@psychedelia.ink to Technology@lemmy.worldEnglish · 1 year agomessage-square22fedilinkcross-posted to: hackernews@lemmy.smeargle.fans
minus-squareYurkshireLad@lemmy.calinkfedilinkEnglisharrow-up45arrow-down2·1 year agoWhen $98B revenue isn’t enough….
minus-squareFlying Squid@lemmy.worldlinkfedilinkEnglisharrow-up47arrow-down1·1 year agoThat’s late-stage capitalism for you. Making a profit isn’t enough. It has to be more profit than last year or your business is floundering.
minus-squareEarthwormjim91@lemmy.worldlinkfedilinkEnglisharrow-up10arrow-down1·1 year agoBecause if you’re not, you’re making less simply due to inflation. You would need to make $108 Billion in profit this year to have the same relative profit as $98 Billion last year.
When $98B revenue isn’t enough….
That’s late-stage capitalism for you. Making a profit isn’t enough. It has to be more profit than last year or your business is floundering.
Because if you’re not, you’re making less simply due to inflation.
You would need to make $108 Billion in profit this year to have the same relative profit as $98 Billion last year.
$98B in one quarter!