Quote #224,682
“Half of Google's revenue comes from selling text-based ads that are placed near …” — Eric Schmidt
Half of Google's revenue comes from selling text-based ads that are placed near search results and are related to the topic of the search. Another half of its revenues come from licensing its search technology to companies like Yahoo.
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More from Eric Schmidt
View AllThere's nothing that cannot be found through some search engine or on the Internet somewhere.— Eric Schmidt
A lot of the Google inventions came from engineers just screwing around with ideas. And then management would see them, and we'd say, 'Boy, that's interesting. Let's add some more engineers.'— Eric Schmidt