Comment on Google's latest reason to give them $14/month: "Watch in faster playback speeds with Premium"
1984@lemmy.today 3 hours agoMaybe 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.
Fizz@lemmy.nz 1 hour 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.