4 ms·
>> Acquisition by Google is the only reason YouTube exists. >Even if that's true (which I doubt) Literally one hour ago Alphabet CFO went thru some advanced m
by nopriorarrests 8y ago
>> Acquisition by Google is the only reason YouTube exists.
>Even if that's true (which I doubt)
Literally one hour ago Alphabet CFO went thru some advanced mental gymnastics to avoid straight answers about youtube profitability:
https://news.ycombinator.com/item?id=19080868 https://news.ycombinator.com/item?id=19080868
- No youtube breakout of revenues, Again not a bullish sign for that division, stil nothing on youtube on the call.
- EDIT on the earnings call they did talk briefly about Youtube, no real new numbers though, just their assurance that youtube is crushing it
- Porat is doing gymnastics to talk about youtube but not actually say anything about youtube. Are youtbue numbers really that bad????
So, it seems that OP is mostly correct in his assumption. Normally CFO of public companies are not shy talking about their successful bets.