Time and Money Contribute to Google’s Success and Influence
It’s interesting to think about how wealthy some of the biggest companies in the world have become, especially when you compare them to some of the poorest nations on the earth. What’s more intriguing is just where the money is earned. Google is an amazing example of unusually big success. In 2010, the company had nearly 30 billion dollars in revenue, more than the GDP or the 28 poorest nations combined. As much as 2.5 billion came from mobile ads alone, an amount expected to double by the end of 2011. Significant portions of AdWords revenue came from shady sources. Google has incurred fines for such actions as allowing Canadian pharmacies to advertise prescription drugs to U.S. residents.
Much of the success of the company is attributed to its popularity. More than 1 billion unique visitors use Google each month. That’s one-seventh of the world’s population. Monthly collective time spent on Google is more than 380 million years.
From: Business MBA Degree