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[–] 176 points 2 years ago (14 children)

https://www.statista.com/statistics/513049/alphabet-annual-global-income/

Let's pause a moment and just appreciate how much money Alphabet actually make net (after expenses). $73,795,000,000 last year - higher than the GDP of entire nations, in profit.

The "bad" year, 2022 that drove all this change, they only made $59,972,000,000 net. Oh how terrible (!)

5 years ago, they made $34,343,000,000 net, so they've more than doubled profits.

Take a moment to appreciate that, and really consider if they "need" the money.

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  • [+] 111 points 2 years ago* (last edited 1 year ago) (3 children)
  • [–] 21 points 2 years ago (9 children)

    That's the whole company. How much did YouTube lose for them?

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  • [–] 58 points 2 years ago (8 children)

    YouTube lost google -31.5 billion in 2023, approximately 10% of all of alphabet's revenue.

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  • [–] 3 points 2 years ago (2 children)
  • [–] 4 points 2 years ago (1 child)

    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.

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  • [–] 2 points 2 years ago* (1 child)

    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.

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