as well as in-app purchases, digital content products and hardware like Fitbit are grouped in a sector called “other” within Google Services. That saw revenue rise to $6.5 billion last quarter from $4.4 billion the year earlier but the company doesn’t break out the components and its really hard to get any color.
The company is also investing in Google Cloud, AI and, through Waymo, self-driving cars. Google is also pushing on e-commerce. YouTube also just rolled out a TikTok rival called Shorts and incentives to creators to use it. The giant company sees huge benefits from connected, or smart, TVs and is investing heavily with TV providers and cable box manufacturers on that. Google has a major interest in “televisions becoming computing devices over time,” Pichai said.
Neither Pichai nor Porat on the call were asked about or mentioned regulatory issues that have bubbled up for tech giants this year. Earlier this month, 36 states filed antitrust suits against the giant over its Play Store for Android — the fourth antitrust lawsuit government enforcers have filed against Google in the last year.
They should go back to the OG alternative content it was created for.
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