Technology
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YouTube lost google -31.5 billion in 2023, approximately 10% of all of alphabet's revenue.
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.
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.
Do they somehow calculate in this the value off the youtube harvested user data that serves other Google branches? No, right?