Slashdot Mirror
2010 May Be the First Year YouTube Turns a Profit
eldavojohn writes "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."
Strangly this coincide with the year of linux on the desktop. So it must be due to all the new linux desktop accessing youtube.
Mommy, Google stole my lunch money!
There's no -1 for "I don't get it."
Youtube is just a couple more Bed Intruders away from profitability.
Make everything as simple as possible, but not simpler. - Albert Einstein
Google through YouTube has created something very valued
You must be new to Dot Com 2.0?
According to Mayan astrology, the data-mining bubble will burst in 2012, resulting in expanded contentiousness regarding privacy issues. That will result in a collapse of the Web 2.0 and Social Media. The majority of all people has at this point lost all their IRL social skills and their ability to interpret exformation in regular IRL social situations == Zombie Apocalypse