I read recently that Google sold roughly $22 billion in advertising last year. $22 billion is also the Gross National Income of Kazakhstan, or that of Costa Rica and Jamaica combined. I don’t know why, but I never sat down to think about how much money Google has been raking in over the years. They’ve managed to corner a huge market share in search, and while Yahoo has failed to really compete, Microsoft is dedicated to doing just that.
A few weeks ago, Steve Ballmer, CEO at Microsoft, said he was willing to "spend to compete", to the tune of 5%-10% of Microsoft’s overall operating income on search for up to five years. It’s apparent that the folks at Microsoft have figured out there is money in search. But what does this competition mean for Google?
As competition relates to Google, up to now they’ve had only a few real contenders. Arnie wrote last year about Google and Yahoo’s head-to-head, and that as internet marketers we need Yahoo to thrive. Microsoft has, in the past few months, taken over where Yahoo tried to jump in, but the overall premise is still the same: competition for Google is essential to safeguarding the integrity of search. The difference this time around, however, is that Microsoft is more than prepared — in the form of billions of dollars,
and innovative search solutions.
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Tags: bing, Google, Search Engine Optimization, Yahoo
This entry was posted on Tuesday, July 7th, 2009 at 5:04 am and is filed under Search Engine Optimization. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
