How does big tech company generate revenue
May 31, 2021
16 Comments
What’s the source of revenue for following company, Amazon we know it sells physical stuff
1. Google , keep aside GCP
2. Facebook , keep aside oculus
3. Twitter
Is it selling data & ads.
comments
2. “Substantially all” from ads
3. “Substantial majority” from ads
Source: 10k filings on SEC website
How is this really even a question?
We even canceled Fiber (which was making billions in revenue) because it wasn't as profitable as ads.