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.
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.
Shareholders: you doubled your profit last year, so I expect you to do it again this year.
Pretty much. Capitalism is completely unsustainable.
That’s the whole company. How much did YouTube lose for them?