This Chart Shows The Incredible Opportunity Google Has Before It
Here's a cool chart on Google we saw shared on Twitter.
It shows software products have hit a billion users. Google owns four of them. So far, Google has successfully monetized its search business, but the others - YouTube, Chrome, and Android - have not been as successfully monetized.
The idea here is that Google is sitting on a potential goldmine if it can start making money on its other properties.
This is certainly an enticing idea, but it might be a bit flawed. All the properties, other than YouTube, feed into Google search. Chrome, for instance, has search baked right into the URL bar. A lot of Android phones have search widgets pre-installed.
It's unclear how Google really makes big money off Chrome and Android, but with search so powerful, Google can afford to be patient and figure it out.
Chart made by Statista.
Business Insider/Statista
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