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Youtube is a net loss and GCP has a 4.6% market share so I wouldn't really count this as diversified since very little of their overall revenue comes out of the

Youtube is a net loss and GCP has a 4.6% market share so I wouldn't really count this as diversified since very little of their overall revenue comes out of these two projects? Google docs / business is interesting but I'm not sure they make much money out of it and are scatting on the freemium tier success.

scarface74 6y ago
Google Docs is a very distant second. https://www.ciodive.com/news/Google-Microsoft-Office-collaboration/571740/ https://www.ciodive.com/news/Google-Microsoft-Office-collabo...
utopcell 6y ago
YouTube is a net loss ? Where is that coming from ? It brought in $6BN revenue just in Q1 [1]. [1] https://abc.xyz/investor/static/pdf/2021Q1_alphabet_earnings_release.pdf?cache=0cd3d78 https://abc.xyz/investor/static/pdf/2021Q1_alphabet_earnings...
- scarface74 6y ago
  “Revenue” is not the same as “profit” https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us-about-youtube-and-cloud-profits.html https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us...
  - utopcell 6y ago
    The question stands: Where is the "net loss" statement coming from ?
    - scarface74 6y ago
      Whether it’s a net loss or barely profitable, it still doesn’t move the needle as far as Google’s income. Even if it did - it is still mostly search advertising. That’s not diversification.
      - utopcell 6y ago
        Search revenue was $31,879 billion in Q1 and YT revenue was $6,005 billion. It doesn't seem like you're paying attention.
        scarface74 6y ago
        You’re still conflating “profit” with “revenue”. No one is doubting that YouTube’s revenue is substantial. There is doubt that it’s profit is substantial. If it isn’t contributing any meaningful profit to Google’s bottom line, it isn’t successful.
        mmmmmbop 6y ago
        Would you say that Uber, Lyft, Spotify, and Tesla are all unsuccessful companies?
        scarface74 6y ago
        Is this really a serious question? The success of a for profit company is defined by “profitability”. Spotify - like Jobs said about DropBox, they are a feature not a product. Most of their revenue goes back to the record labels. Their gross margins are slim Uber - is losing billions and it’s unit economics isn’t good. Lyft - See Uber Tesla - it’s “profits” aren’t from selling cars. https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html https://www.cnn.com/2021/01/31/investing/tesla-profitability...
        mmmmmbop 6y ago
        It was indeed a serious question. Thank you for your answer. I disagree with the notion that the success of a for-profit company is solely defined as "profitability". Factors such as growth or value are also often cited as success criteria. I couldn't find literature supporting your statement that profitability is the only measure of company success. Intuitively, it also seems wrong to me to claim that a children's lemonade stand netting $10 in profit is a more successful business than Tesla.

scarface74 6y ago

Google Docs is a very distant second. https://www.ciodive.com/news/Google-Microsoft-Office-collaboration/571740/ https://www.ciodive.com/news/Google-Microsoft-Office-collabo...

utopcell 6y ago

YouTube is a net loss ? Where is that coming from ? It brought in $6BN revenue just in Q1 [1]. [1] https://abc.xyz/investor/static/pdf/2021Q1_alphabet_earnings_release.pdf?cache=0cd3d78 https://abc.xyz/investor/static/pdf/2021Q1_alphabet_earnings...

scarface74 6y ago
“Revenue” is not the same as “profit” https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us-about-youtube-and-cloud-profits.html https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us...
- utopcell 6y ago
  The question stands: Where is the "net loss" statement coming from ?
  - scarface74 6y ago
    Whether it’s a net loss or barely profitable, it still doesn’t move the needle as far as Google’s income. Even if it did - it is still mostly search advertising. That’s not diversification.
    - utopcell 6y ago
      Search revenue was $31,879 billion in Q1 and YT revenue was $6,005 billion. It doesn't seem like you're paying attention.
      - scarface74 6y ago
        You’re still conflating “profit” with “revenue”. No one is doubting that YouTube’s revenue is substantial. There is doubt that it’s profit is substantial. If it isn’t contributing any meaningful profit to Google’s bottom line, it isn’t successful.
        mmmmmbop 6y ago
        Would you say that Uber, Lyft, Spotify, and Tesla are all unsuccessful companies?
        scarface74 6y ago
        Is this really a serious question? The success of a for profit company is defined by “profitability”. Spotify - like Jobs said about DropBox, they are a feature not a product. Most of their revenue goes back to the record labels. Their gross margins are slim Uber - is losing billions and it’s unit economics isn’t good. Lyft - See Uber Tesla - it’s “profits” aren’t from selling cars. https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html https://www.cnn.com/2021/01/31/investing/tesla-profitability...
        mmmmmbop 6y ago
        It was indeed a serious question. Thank you for your answer. I disagree with the notion that the success of a for-profit company is solely defined as "profitability". Factors such as growth or value are also often cited as success criteria. I couldn't find literature supporting your statement that profitability is the only measure of company success. Intuitively, it also seems wrong to me to claim that a children's lemonade stand netting $10 in profit is a more successful business than Tesla.