Technology
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YouTube lost google -31.5 billion in 2023, approximately 10% of all of alphabet's revenue.
Do they somehow calculate in this the value off the youtube harvested user data that serves other Google branches? No, right?
Revenue is not profit
Yeah, unfortunately I couldn't find revenue numbers. It seems unlikely to be costing that much to host. I'd be really surprised to learn it isn't cash positive at this point.
Best I could find is the entire division makes about 35% profit and you’d have to assume some of that was YouTube
And as we know companies prefer to provide a service with a loss, for decades. Name a company that can make -31.5 billion and keep going. Or maybe the data went to google, where they made the money.
Not made -31.5 billion. Lost -31.5 billion. As in they brought in that much, not cost it.
I was genuinely confused by this statistic until I realised it was a double negative. YouTube losen't Google a lot of money.
Yeah, sorry, sometimes I can't help my need to play with language, when given the slightest chance.