It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
2010 May Be the First Year YouTube Turns a Profit 2010 May Be the First Year YouTube Turns a Profit
FAQ Members List Calendar Search Today's Posts Mark Forums Read


2010 May Be the First Year YouTube Turns a Profit
Reply
 
Thread Tools
Old 10th September 2010, 17:40   #1
Madshrimp
 
jmke's Avatar
 
Join Date: May 2002
Location: 7090/Belgium
Posts: 79,021
jmke has disabled reputation
Default 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
__________________
jmke is offline   Reply With Quote
Reply


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

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 00:54.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO