• GrymEdm@lemmy.worldOP
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    10 months ago

    I actually had trouble finding that out (although I only looked for like, 15 minutes). It’s apparently difficult to determine according to some tech websites. I do have this chart that says since 2017 YouTube ad revenue has been 7-11% of Google’s global revenue but I don’t know if that = profit. Decided to meme anyways because I have ads blocked on PC but still see them on my phone.

    • splonglo@lemmy.world
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      10 months ago

      Youtube has always claimed that it doesn’t turn a profit but I don’t believe them. My reasoning is that if the server costs are more than the revenue today, then they’re going to be worse tomorrow. A gorillian gigabytes of data are uploaded to that thing every nanosecond. A company can’t get exponentially less profitable every second and still survive. And what else is there to prop it up? Google ad results? No way is Youtube not profitable. They’re saying that to avoid tax.