Today, we explore Google's financial performance amidst AI controversies. Despite challenges, their revenue remains impressive. However, looming risks related to monopolies and AI competition could impact future profitability. Join us as we delve into what this means for Google's future!
(p1) Today, we will take a look at Google.
(p2) Despite the AI controversies, Google is still going strong. Their revenue for the third quarter is a staggering 120 trillion won.
(p3) Additionally, quarterly revenue is continuously growing.
(p4) Operating profit is surprisingly impressive as well, with 43 trillion won for the third quarter and an operating profit margin of 37%.
(p5) This Money Making Machine is actually thriving tremendously.
(p6) Whats even more surprising is that these results come despite astronomical investments in AI.
(p7) However, there are a few important issues the company is at risk of being split due to monopoly controversies, and they are lagging significantly in the AI competition. The dilemma is that as AI becomes superior, Googles existing business is bound to suffer in profitability. Furthermore, the competition in the cloud market is fierce, and concerns over privacy protection are growing.
(p8) Will Google truly become a company that lasts for 100 years? Im curious. Thank you.
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