this post was submitted on 12 Oct 2023
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Crappy Design

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Noticed that theres no equivalent to r/crappydesign here yet so i made one

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[โ€“] MrLuemasG@lemmy.world 3 points 1 year ago (1 children)

YouTube only barely breaks even as it is. What profit margins are you talking about?

[โ€“] LoafyLemon@kbin.social 5 points 1 year ago* (last edited 1 year ago) (1 children)

In Q3 of 2022 alone, Alphabet, the parent company of Google, recorded a profit (not revenue!) of 13.9 billion USD. Their financial position is more than secure.

https://abc.xyz/assets/investor/static/pdf/2022Q3_alphabet_earnings_release.pdf?cache=4156e7f