You've no doubt heard the phrase "nothing lasts forever", well that line works just as well in business as elsewhere. Yet in recent years Google seems to have bucked the boom & bust trend on other online companies and continues to record record revenues.
As this graph from Statista.com shows, Google posted $74.54 Billion in revenue in 2015.
Google's revenue is mainly made up by advertising, of which Google AdWords is a major factor, which in 2015 accounted for $67.39Billion or over 90%. Currently Google is the Internet company with the highest market capitalization, $373Billion - 5 times its revenue.
But the question for me is.... is this rate of growth sustainable?
Or more realistically I think we need to ask at what point Google's revenue slows down as it finds the optimum way to extract money from advertising customers.