Google Starts Reaping Returns: Subscriptions and Commissions Reach Harvest Time

Originally published 2021-08-17Robin’s observations

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English translation of the Chinese post originally published 2021-08-17. Translated 2026-10-27 with AI assistance. Historical figures and claims have not been updated or independently verified. 中文原文

Reading guide

After receiving 科技巨頭解碼’s (Tech Giants Decoded) analysis of Google’s explosive new quarterly results, Robin jokes that he made the same point in early 2020. Google is beginning to reap revenue from related products: Google Photos, which began charging midyear; the long-promoted YouTube Premium subscription; Google Play commissions; and hardware sales. Related quarterly revenue reached US$6.62 billion, up 29.25% year over year. These figures refer to 2021.

Key points

Google Photos, YouTube Premium, and Play commissions reach their revenue-harvest stage.
Related revenue was US$6.62 billion, up 29.25% year over year, as of 2021.
Robin says he made the same judgment in early 2020.

Columns and beams in an open building are connected by central rods and balanced weights, suggesting structure and checks in governance. — Capital markets & governanceThematic illustration · AI generated

Full text — English translation

I just received 科技巨頭解碼’s analysis of Google’s explosive new quarterly results. Little did they know I said the same thing in early 2020. XDDD Google is also beginning to reap revenue from related products. These include Google Photos, which started charging in the middle of this year; the long-promoted YouTube Premium subscription; Google Play store commissions; and hardware sales. Quarterly revenue for these businesses reached US$6.62 billion, with year-over-year growth of 29.25%.

These articles are personal notes, book excerpts, and collected reprints. Figures and events reflect the time of the original publication, are not current information, and do not constitute investment advice.

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