11.2 Billion Reasons to Sell GOOGs Online

The Jungle
Originally uploaded by modelux.

There's Eleven Point 2 Billion reasons why google (as bad as their product releases are) can stay in the (leading) game - this quote from their blog. Modelux + Gaunt, Models : "If you take a look at the history of Google's advertising programs and online services, one thing you notice is that online billing and payments have been a core part of our offerings for some time. To run our ad programs, Google receives payments every day from advertisers, and then pays out a portion of those funds to advertising partners. Over the past four years, Google has billed advertisers in 65 countries more than $11.2 billion in 48 currencies, and made payments to advertising partners of more than $3.9 billion. When one of our consumer services requires payment to us, we've also provided users a purchase option."