Quote by Eric Schmidt

Half of Google's revenue comes from selling text-based ads that are placed near search results and are related to the topic of the search. Another half of its revenues come from licensing its search technology to companies like Yahoo.

Half of Google's revenue comes from selling text-based ads t

Summary

This quote explains that Google generates its revenue through two main sources. Firstly, it earns around half of its revenue by selling text-based ads that appear alongside search results and are closely related to the search query. These advertisements provide relevant products or services to users, creating a beneficial advertising platform. Secondly, the other half of Google's revenue comes from licensing its advanced search technology to companies like Yahoo. By sharing its innovative search capabilities, Google expands its reach and establishes partnerships to further monetize its technology. Overall, this dual revenue model contributes to the financial success and dominance of Google in the tech industry.

Topics

Technology

By Eric Schmidt

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