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i think the insight is that if you count all the other advertising revenue that they book as "cost reductions" instead of standard revenue, then they're making
by notatoad 9y ago
i think the insight is that if you count all the other advertising revenue that they book as "cost reductions" instead of standard revenue, then they're making a lot more than $1b per quarter off advertising (or alternatively, the fact that they're making $1bn per quarter is not a new thing)