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[-] TSG_Asmodeus@lemmy.world 129 points 1 year ago

In the second quarter of 2023, Google's revenue amounted to over 74.3 billion U.S. dollars, up from the 69.1 billion U.S. dollars registered in the same quarter a year prior.

But man if we don't pay for youtube premium how will they survive?

[-] kameecoding@lemmy.world 25 points 1 year ago

that's google not youtube though, is it? i think youtube is running at a loss still + in a normal country that shit should have been blasted apart already way too many shit is under google.

[-] WarlordSdocy@lemmy.world 41 points 1 year ago

I think they have pretty recently finally become profitable thanks to the increased amount of ads. Although you could always make the argument before that the data YouTube provides to Google that allowed their ad and data empire to thrive is invaluable whether YouTube directly profits or not.

[-] kameecoding@lemmy.world 3 points 1 year ago

why would it be invaluable? I am guessing it's valuable amd is valued at a very close estimate at least.

[-] Hitchie_Rawtin@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

Invaluable

adjective

beyond calculable or appraisable value; of inestimable worth; priceless:

[-] yoz@aussie.zone 12 points 1 year ago

Why are people down voting you? Damn there's an infestation of corp simps here

[-] mojo@lemm.ee 2 points 1 year ago

the richest country in the world is a normal country regardless of your xenophobia

[-] 7Sea_Sailor@lemmy.dbzer0.com 2 points 1 year ago

The amount of money they made is entirely meaningless without knowing their spending.

[-] Same@lemmy.world 1 points 1 year ago

Revenue isn't profit?

this post was submitted on 19 Oct 2023
2346 points (100.0% liked)

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