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Re:Google Buys Fitbit for $2.1B by keepper on Friday November 01, 2019 @10:02AM (#21418888)
Urrmm, Youtube, Doubleclick, Waze?

Those have all been industry defining.

Re:Google Buys Fitbit for $2.1B by scarface74 on Friday November 01, 2019 @10:07AM (#21418974)
As someone stated below, YouTube is still not profitable. Waze is really not adding to their bottom line, and DoubleClick was to increase their advertising reach. It’s really not analogous to their hardware acquisitions.
Re:Google Buys Fitbit for $2.1B by keepper on Friday November 01, 2019 @10:17AM (#21419085)
"as someone stated"...

Google has never released Youtube numbers, so I can't say that. I will tell you that youtube is the dominant video platform on the internet. You do realize Youtube shows ads? and those ads are part of google's ad revenue? But the numbers have been inferred "YouTube probably generates $16 billion to $25 billion in annual revenue"[1]

Waze drives all of their google maps traffic data. Again, industry's best.

Doubleclick is the basis for ALL non text advertising at google.

I'm starting to get the picture you really just want to argue your point, without any actual facts. Google has a verifiable history of successful acquisitions. Just apparently non that you "like"

[1] https://www.nytimes.com/2019/07/24/technology/youtube-financ...

Re:Google Buys Fitbit for $2.1B by scarface74 on Friday November 01, 2019 @10:24AM (#21419168)
Your link estimate “revenue” not profit. And none of those are hardware acquisitions - again look at Motorola, HTC’s partial acquisition and Nest.
Re:Google Buys Fitbit for $2.1B by jartelt on Friday November 01, 2019 @11:22AM (#21419762)
Just an FYI - Google Maps doesn't get traffic or user data from Waze. Maps gets it's data from Android and people who have Google Maps open on their phones.

https://fortune.com/2019/10/11/waze-google-maps-how-it-works...

Re:Google Buys Fitbit for $2.1B by pbhjpbhj on Friday November 01, 2019 @01:26PM (#21421406)
>Google has never released Youtube numbers //

Can't you just log on to the appropriate USA government website and download the submitted and audited accounts?

Isn't USA supposed to be a bastion of capitalism, and isn't a central feature of capitalism that it optimises the distribution of resources, that optimisation being predicated on readily available information -- the system doesn't optimise at all without information flow.

Please don't tell me Google don't have public accounts???

There shouldn't be any mystery here, you should just be able to read it off the P&L sheets?

Re:Google Buys Fitbit for $2.1B by CraneWorm on Friday November 01, 2019 @10:39AM (#21419309)
there are no ads on YT
Re:Google Buys Fitbit for $2.1B by wongarsu on Friday November 01, 2019 @12:10PM (#21420345)
What? A giant front page ad, one to two pre-roll ads (with accompanying banner ad in the sidebar), semitransparent text ads on the bottom of the video, and another video ad every 4-10 minutes in the video.

Personally I think they are great at finding interesting and relevant ads, which is why I don't block the ads. Howerver I hear the experience varies.

Re:Google Buys Fitbit for $2.1B by dmitrygr on Friday November 01, 2019 @02:39PM (#21422305)
YT does not show ads if you have adblock. Adblock cannot actually block them, but google detects it and chooses to not show them (the idea is that if you have adblock, ads are unlikely to be worth showing to you)
Re:Google Buys Fitbit for $2.1B by karanganesan on Friday November 01, 2019 @10:13AM (#21419048)
"YouTube is still not profitable." Are you sure?

https://www.businessofapps.com/data/youtube-statistics/#6

Re:Google Buys Fitbit for $2.1B by ThrowawayR2 on Friday November 01, 2019 @10:57AM (#21419490)
Revenue is not profit. If you search around, analysts mostly suspect YouTube is either not profitable or only slightly profitable.
Re:Google Buys Fitbit for $2.1B by ConceptJunkie on Friday November 01, 2019 @12:20PM (#21420499)
Google isn't in it for just the money. They want to control our thinking as well, and given the kind of censorship that is happening on YouTube, if it is operating at a loss, they may not mind because it has other less tangible benefits.
Re:Google Buys Fitbit for $2.1B by scarface74 on Friday November 01, 2019 @12:34PM (#21420681)
For profit public corporations do everything for the money. There is no ulterior motive.
Re:Google Buys Fitbit for $2.1B by arbitrary_name on Friday November 01, 2019 @01:00PM (#21421057)
Gas stations make hardly any profit on gasoline. The margins on snacks, on the other hand...

Youtube or other platforms may not make strong profits themselves, but contribute strategically or operationally to the overall Alphabet bottom line.

So the discussion here is not 'Is Youtube making a profit' but 'Does Youtube contribute, directly or indirectly, to the overall Google/Alphabet enterprise strategy?'. In that case, it is entirely possible for major acquisitions to not appear to be 'for the money' but are still essential in driving shareholder value.

Re:Google Buys Fitbit for $2.1B by scarface74 on Friday November 01, 2019 @10:56AM (#21419483)
That’s revenue - not profit.