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.
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.