| Thread Tools |
10th September 2010, 17:40 | #1 |
Madshrimp Join Date: May 2002 Location: 7090/Belgium
Posts: 79,021
| 2010 May Be the First Year YouTube Turns a Profit Analysts are saying that this year will be the first year YouTube turns a profit. From the New York Times article: 'In the last year, the video site has become a significant contributor to the family business at a time when Google, which makes more than 90 percent of its revenue from text search ads, is seeking a second act. Though Google does not report YouTube's earnings, it has hinted that it is hovering near profitability. Analysts say YouTube will bring in around $450 million in revenue this year and earn a profit. Revenue at YouTube has more than doubled each year for the last three years, according to the company.' Of course a little over a year ago we were being told that YouTube was losing around $1.65 million each day. Regardless, when you pay $1.65 billion for a business, you probably don't expect it to take three to four years before you start making your money back. http://www.nytimes.com/glogin?URI=ht...M_MQ22D@!_Q236
__________________ |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
GIGABYTE Announces GO OC 2010 Worldwide Final | jmke | WebNews | 0 | 10th August 2010 14:14 |
88 percent of Intel CPUs in Q1 2011 to be Core 2010 | jmke | WebNews | 2 | 12th May 2010 23:41 |
Office 2010 confirmed for June 2010 release | jmke | WebNews | 0 | 1st December 2009 15:54 |
2010 could be the last year for IPv4 as we know it | jmke | WebNews | 0 | 8th September 2009 16:24 |
Office 2010 Technical Preview screenshots | jmke | WebNews | 0 | 18th May 2009 21:17 |
Microsoft Accepting Registrations for Office 2010 Technical Preview | jmke | WebNews | 0 | 12th May 2009 16:30 |
Microsoft Announces Office 2010 Suite | jmke | WebNews | 1 | 15th April 2009 23:38 |
TSMC turns in whopping profit | jmke | WebNews | 4 | 26th October 2007 02:40 |
PowerColor releases Chinese New Year Edition X1650 Pro Video Card | jmke | WebNews | 0 | 15th February 2007 10:51 |
Corsair Distributes Over $1 Million Dollars in Profit Sharing to its Employees | jmke | WebNews | 0 | 25th October 2006 12:07 |
Thread Tools | |
| |