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Re:Dutch man needs CPR, but YouTube shows ads before tutorial by jamiek88 on Monday February 27, 2023 @12:50PM (#34959562)
Google profit 2022 $233 BILLION
Re:Dutch man needs CPR, but YouTube shows ads before tutorial by SllX on Monday February 27, 2023 @01:11PM (#34959868)
Revenue != Profit.

The figure you want is Net Income on page 30 of this publicly accessible document from the SEC’s website: https://www.sec.gov/Archives/edgar/data/1652044/000165204423...

$59,972M (~$60B).

Still a nice sum of money, but it doesn’t need exaggeration nor misrepresentation.

Re:Dutch man needs CPR, but YouTube shows ads before tutorial by deltree7 on Monday February 27, 2023 @03:43PM (#34961599)
Google's Market Cap was around $1.4T last year.

A $1.4T should generate at least 2*(10 Year Treasury Yield) or 8% or $110 Billion in profit.

Else, shareholders can simply buy 10-Year-T to earn risk-free profit.

So Google isn't generating enough profits at the current economic conditions.

Re:Dutch man needs CPR, but YouTube shows ads before tutorial by deltree7 on Monday February 27, 2023 @03:40PM (#34961576)
Exhibit A: How massively clueless even HNers when it comes to Math/Finance/Economics. These are people who vote progressives and anti-corporate agenda