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Google has competitors in the search space so it's understandable why they're afraid of calling bluffs. And from what I understand Youtube isn't profitable by
by MichaelZuo 4y ago
Google has competitors in the search space so it's understandable why they're afraid of calling bluffs.
And from what I understand Youtube isn't profitable by itself.
- deleted 4y ago[deleted]
- Retric 4y agoWhy do you think it’s unprofitable? Last estimate I looked at showed YouTube as being wildly profitable.
- MichaelZuo 4y agoCan you link to the estimate?
- Retric 4y agoYouTube revenue got a huge bump in 2021 which is when that wildly profitable estimate was given. I don’t have specific estimates I can link to, but I’ve seen statements like this fairly regularly: There are more questions around YouTube’s profitability, but he said the general view was that it was “modestly profitable but not dramatically so.” https://www.nytimes.com/2019/07/24/technology/youtube-financial-disclosure-google.html https://www.nytimes.com/2019/07/24/technology/youtube-financ... Of course when Google actually disclosed what percentage of their revenue came from YouTube it was well below the 20% suggested in that piece.
- MichaelZuo 4y ago> YouTube revenue got a huge bump in 2021 which is when that wildly profitable estimate was given. I don’t have specific estimates I can link to... What is 'that wildly profitable estimate' then?