this post was submitted on 17 Aug 2023
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[–] Kinglink@lemmy.world 4 points 1 year ago

last YT revenue was 29.24 billion USD

That's a huge number, but it is meaningless. It's more important to focus on profit (or net income) and unfortunately those numbers aren't as easy to get. You can see all the financials but while Youtube gets revenue numbers, how much they pay to partners, and they spend on google services isn't itemized.

They are probably operating at a profit, but definitely not 29 billiuon dollars of profit