We've gone from a dozen or two platforms on mobile a decade ago down to half a dozen now these phones mostly run systems where high quality web browsers are included by default (hey, look, they don't just support WAP!). However, it the other side of the business that drove the change to the company: the B2B side, selling browsers to OEMs for mobile devices and TVs and set-top boxes, etc. Considering all the various acquisitions of advertising networks and related companies, this has undoubtedly fallen (they will likely soon be the biggest source of revenue for the company!). That said, last I looked, search affiliation deals were only about 50% of total revenue (for comparison, in 2012, 90% of Mozilla's revenue came from Google!). However, given Chrome's rise in those markets since, I would be very nervous about being dependent upon Google for revenue.
In terms of revenue, Google, as the default search engine, have been paying handsomely, primarily because they wanted to break into markets where Opera had at the time significant marketshare, especially around the CIS.
The move to the Chromium Content API and WebKit and later Blink beneath it was not driven out of lack of resources to develop Presto it was driven out of an unwillingness to do so. You can find all this in the quarterly reports (as a publicly traded company, this is all public knowledge). Since 2010, Opera has basically been posting record profits quarter after quarter. Opera, having been ad-free for around nine years, with the exception of a couple of quarters in the black in 2009/2010, has been pretty profitable this is well before any work started on anything based on WebKit or Chromium. Opera ceased selling a web browser to consumer years ago. by Anonymous Coward on Tuesday J (#47303521) (Disclaimer: I'm an ex-Opera employee pretty much all of what's below has been said by others before or can easily be inferred from it.) I was searching Google for a way to be able to use Opera 12.xx and the newer Opera 3x at the same time on linux and stumbled onto this great writeup that deserved more circulation:
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