Has Google Tapped Into a New Revenue Stream?

  Google+  Twitter | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Google (NASDAQ:GOOG) announced on its enterprise blog that it has made some changes to the way Google Apps works for businesses. Specifically, it has “decided to make things very straightforward” by having all business accounts pay the same per-user rate.

What Does this Change?

The Google enterprise blog post details the changes:

“Individuals wishing to use Google’s web apps like Gmail and Google Drive should create a free personal Google Account, which provides a seamless experience across all of our web services on any device.”

For Businesses, instead of two versions, there will be one. Companies of all sizes will sign up for our premium version, Google Apps for Business, which includes 24/7 phone support for any issue, a 25GB inbox, and a 99.9% uptime guarantee with no scheduled downtime. Pricing is still $50 per user, per year.”

This mostly affects small businesses with less than ten users, who until now could eek by under the radar without paying the $50 per-user fee. But for Google, this could be a strong new revenue source, as there could be millions of users who fit this category…

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business