this post was submitted on 13 Jun 2024
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I don’t get why so many people begrudge YouTube for trying make money. They serve up 5TB of video data every second. Somebody’s got to pay for all of that. They know ads suck, that’s why they sell no ad subscriptions.
YouTube makes 8 billion per quarter selling ads. I think they will be able to eat tonight.
Out of curiosity, I looked up the numbers. This is correct, they make 9.2 billion per quarter from ads and 10.7 billion from subscriptions. I can't find expenses per-segment, but in 2023 their total "Cost of revenues" was 37 billion. I doubt everything other than youtube costs less than 17 billion, so they're definitely making a profit.
Source: https://abc.xyz/assets/95/eb/9cef90184e09bac553796896c633/2023q4-alphabet-earnings-release.pdf