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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.
Eric Schmidt
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Eric Schmidt
Age: 69
Born: 1955
Born: April 27
Art Collector
Businessperson
Computer Scientist
Electrical Engineer
Engineer
Software Engineer
University Teacher
Washington
District of Columbia
Eric E. Schmidt
Eric Emerson Schmidt
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Half
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Selling
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Yahoo
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Google
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Revenues
More quotes by Eric Schmidt
When companies are growing quickly and they are having a lot of impact, careers take care of themselves.... If you’re offered a seat on a rocket ship, don’t ask what seat. Just get on.
Eric Schmidt
I've never met a person who does not want a safer world, better medical care and education for their children, and peace with their neighbours. I just don't meet those people. What I meet, over and over again, as I travel around, is that the essential human condition is optimistic - in every one of these places.
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It's very difficult for governments to dominate the Internet because it's so difficult to control. People want to be free. People want to hear multiple voices. They want to make their own decisions. And people who see things will report things.
Eric Schmidt
Washington is an incumbent protection machine. Technology is fundamentally disruptive.
Eric Schmidt
Just remember when you post something, the computers remember forever.
Eric Schmidt
Amazon has well passed any expectations of its ability to change distribution and marketing.
Eric Schmidt
We're about to see an acceleration in technological platforms that, for marketers, will be on a scale rivalled only by the arrival of color TV.
Eric Schmidt
Do not be afraid to fail, but also, do not be afraid to succeed.
Eric Schmidt
People are good at intuition, living our lives. What are computers good at? Memory.
Eric Schmidt
The funny thing about advertising is that it's not a zero-sum game... Historically, in the digital ad world, pie has gotten larger and it's possible for everyone to win, and it's perfectly possible that will continue to be true for quite some time.
Eric Schmidt
Ultimately, in the Internet, openness has always won. I cannot imagine that the current competitive environment would reverse that.
Eric Schmidt
Even though Google may do very well, there will always be an alternative to what Google is doing, and people will always have the free choice... because there's no way for us to prevent them from exercising that choice. That is one of the key aspects of why the Internet has been so successful. No technologies can dominate.
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One of the unintended negative consequences of online advertising has been the loss of value in traditional classifieds. It's simply quicker, simply easier for an end user who's online, on a broadband connection, to look things up and to figure out what they want to buy.
Eric Schmidt
By the summer of 2012, the majority of the televisions you see in stores will have Google TV embedded.
Eric Schmidt
If you're going to make a law, make a law that actually works. It's extraordinarily difficult.
Eric Schmidt
It's a bug that cars were invented before computers.
Eric Schmidt
We run the company by questions, not by answers.
Eric Schmidt
Success is really about being ready for the good opportunities that come before you. It's not to have a detailed plan of everything that you're going to do. You can't plan innovation or inspiration, but you can be ready for it, and when you see it, you can jump on it.
Eric Schmidt
We want to make sure the thing you're looking for is on Google 100 percent of the time.
Eric Schmidt
Bitcoin is a remarkable cryptographic achievement and the ability to create something which is not duplicable in the digital world has enormous value
Eric Schmidt