Comment on Google's latest reason to give them $14/month: "Watch in faster playback speeds with Premium"

• Fizz@lemmy.nz ⁨6⁩ ⁨hours⁩ ago

  Why are you comparing the market cap of a company that runs multiple services for billions of users to the average American salary. That really shows where your brain is at and why you keep landing on the conclusion that this is unfair.

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  • 1984@lemmy.today ⁨6⁩ ⁨hours⁩ ago

    Maybe the example was a poor one, but the idea was to show that these companies have so much money, that im not going to feel sympathy for them needing even more.

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    • Fizz@lemmy.nz ⁨4⁩ ⁨hours⁩ ago

      Ok let’s take a look at the numbers. They might be unreasonable I dont know.

      I couldn’t find YouTube’s profit or net income. So I’m going off the 2024 net income for alphabet which was 100b

      YouTube is considered to be about 30% of alphabets valuation.

      Let’s assume YouTube’s net income 2024 was 30b

      Now they have 2.54 billion users. Divide that up and its about $12 profit per user and that is in their best year due to the election driving massive 30% increases in traffic and ad revenue.

      I think $12 profit per user per year is reasonable margins.

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