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Apr 17, 2024
10:29
:15
am
Fatalplacebo
All-American
Stock is the highest it’s ever been
marketwatch.com
https://www.marketwatch.com/investing/stock/goog
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Fatalplacebo
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Fatalplacebo
Joined
Jun 12, 2011
Last login
Apr 29, 2024
Total posts
25,990 (13,768 FO)
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Messages
Author
Time
YouTube is expensive to run. Like, *extremely* expensive. It has never really
SalmonOfCapistrano
Apr 17, 10:04am
<< Deleted >>
JimmyZ
Apr 17, 10:05am
they would like it to make money some day
SalmonOfCapistrano
Apr 17, 10:10am
I always wondered who on earth would pay for YT premium.
Ham
Apr 17, 10:13am
Yeah, Google is not suffering.
Fatalplacebo
Apr 17, 10:13am
RE: Yeah, Google is not suffering.
SalmonOfCapistrano
Apr 17, 10:15am
Stock is the highest it’s ever been
Fatalplacebo
Apr 17, 10:29am
it's roughly the same as it was almost 3 years ago
SalmonOfCapistrano
Apr 17, 10:50am
if you account for inflation it's down from 3 years ago
SalmonOfCapistrano
Apr 17, 10:51am
Just like the rest of the S&P 500. Not unique to Google.
Fatalplacebo
Apr 17, 11:06am
I think it makes money. Plus they are selling all the viewing data
Swish
Apr 17, 10:18am
I pay for Premium, and I think it's worth it.
SJS
Apr 17, 10:19am
Google gets a lot of hate, but I think they've done a lot of good in the world.
dYrtbYkerYder
Apr 17, 10:24am
YouTube premium is the only subscription that I use daily. Totally worth it imo
ral1988
Apr 17, 10:26am
A couple months ago i dropped it
El Careeb
Apr 17, 10:47am
Youtube takes 60% of add revenue before dispensing it to content creators. They took in $22 billion last year, you
Bert609
Apr 17, 2:05pm
They likely operate very close to breakeven. You pay money to content creators
SalmonOfCapistrano
Apr 17, 3:51pm
They are operating at 38% gross profit margin and an EBIT of 9-18%, which is what Disney is running at.
Bert609
Apr 17, 4:06pm
your image says 3 to 18%
SalmonOfCapistrano
Apr 17, 5:00pm
Either they are making money or they are a charity not only providing me cash for my content but also storing it for
Bert609
Apr 17, 5:38pm
The whole point of the thread is whether people should feel justified for using
SalmonOfCapistrano
Apr 17, 6:05pm
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