What many do not know is that there are different alternatives to Google. The American IT multinational offers many services and owns many patents.
Founded in 1998 by Larry Page and Sergey Brin, who is currently among the 10 richest people in the world, Google has seen its annual profits grow from $400 million in 2002 to a whopping $257 billion in 2021. according to the fiscal result announcement in Alphabet Investor Relations.
Keep in mind that Google’s income does not remain in a single person, since it is a company with many shareholders, who receive a part of the large slice of company income and is part of the US NASDAQ.
As a cultural fact, the origin of the name of this technological giant comes from the word Gúgol which means 10 raised to one hundred (10^100), and the colors inspired by the laymen with whom the original project computer was built.
Today you will also know how much google earns each day and how much it earns each hour with your latest tax reports. So, don’t you think that such an incredible enrichment deserves our attention, that’s why we decided to answer the question…
How much money does Google make every second, every hour, every day, and every year?
Like all publicly traded companies, Google released its 2021 earnings report, where it was learned that the company had a net income of $76.3 billion, a huge amount of money, which also has a trend to continue growing with each passing quarter, even venturing outside the internet as in smartphones and glasses (Google Glass), but this is not all, because the profits and ‘non-active’ profits of the world’s #1 search engine they were 257.6 billion dollars in 2021.
This means that every day Google generates $703,397,260, every hour would be about 29.4 million dollars, more money than many people will see in their entire lives, and finally, Google earns every second a whopping $8,141 from their multiple sources of income.
Google’s main sources of income
The vast majority of that money comes from its advertising business, Google AdSense and Google AdWords, one for developers and one for advertisers, which can be seen all over the internet, something similar to the social network Facebook, but only on their platforms.
Google’s latest fiscal report showed that in 2021 there was a 35% increase in the number of clicks users made on the company’s ads, compared to the same period in 2020.
AdWords is the name of the platform that allows advertisers to pay a certain amount of money to Google to place their products in the first search options.
The main advantage of this system is that it allows advertising, for a relatively small amount of money, the products of a company in any part of the world that has an internet connection, to an audience that is interested in a specific topic and only paying per click. or printing is done.
Other Google revenue:
Youtube
YouTube is another Google platform that has billions of active users every day. Each user spends about 3 hours a day. Here you also earn money from ads (AdSense and AdWords) and ad-free subscriptions
Now, YouTube has become a great advertising platform for businesses. They can also promote their services or products with their allocated budget.
Google Fiber
Google Fiber (Google Fiber) was launched in 2010. It is the broadband Internet service offered by the tech giant to provide high-speed Internet facilities to its users. Currently, this Google product offers its service in the United States, in the states of California, Arizona, Texas, Utah, Georgia, North Carolina, Illinois, Florida, Tennessee, and Missouri.
Google Nest
Google Nest, is another brilliant and one of the tech giant’s first IoT products. Google acquired this product from the startup New Labs which has home service for smoke detectors and thermostats. It now also makes a significant contribution to Google’s profits and helps keep you valuable in the marketplace.
However, these are just some of the sources where Google makes profits. As your platforms perform well, the value of your stock increases more and more.
About Google employees helping the company make massive profits:
Google treats its employees very well and offers them the highest salary package in the industry and other benefits to keep them providing valuable work for your company.
According to the report, Google offers salary packages 50% higher than similar employers working in the United States. The attractive salary also offers fun and exciting facilities to its workers such as a gym, free food, kennels, games, and much more.
It now has 135,300 regular or full-time employees. What Google employees earn varies depending on the location of the company’s facilities and office, with the median salary for its employees being $10,670 per month. Example:
- In Phoenix, Arizona : $14,500 per month.
- In California : $16,400 per month.
- In Chicago, Illinois: $18,500 per month.
- In New York: $20,170 per month.
- Computer Engineers: $6,500 per month.
conclusion
- There are more than 2 million Google Ads accounts ( PPC Statistics )
- More than 7,000,000 advertisers use Google Ads PPC ( KlientBoost )
- 96% of Google’s revenue comes from advertising ( Curvearro )
- Online ads can increase brand recognition by up to 80% ( WebFX )
- 73% of the paid search market belongs to Google ( WebFX )
- More than 650,000 applications serve Google Ads ( SEO Tribunal )
- Only Google ads reach a network of over 2 million websites and apps ( Valve+Meter )
- Google Ads converts 50% better than organic search results ( PowerTraffick )
- Ads on the Google Display Network have an average click-through rate of 35% ( WebFX )
- Consumers spend 10% more of their money in a store if they have clicked on the retailer’s Google search ad before visiting ( Valve+Meter )
Google (Alphabet) generates more than $257.6 billion in revenue and $76.3 billion in net income. It generates $703.4 million in daily profit and $29.4 million in profit every hour. He earns around $8,141 every second from his multiple sources of income! including Google Ads, Adsense, and advertising in your search engine. So, in this post, we learned how much money Google makes every second, every hour, every day, and every year.
