Alphabet gross profit for the quarter ending June 30, 2023 was $42.688B, a 7.85% increase year-over-year.
Alphabet gross profit for the twelve months ending June 30, 2023 was $160.503B, a 1.7% increase year-over-year.
Alphabet annual gross profit for 2022 was $156.633B, a 6.77% increase from 2021.
Alphabet annual gross profit for 2021 was $146.698B, a 50.01% increase from 2020.
Alphabet annual gross profit for 2020 was $97.795B, a 8.71% increase from 2019.
Huh, they seemingly have money to not fuck our eyes without lube for ads, but I guess they somehow just don't have enough money, 156 billion dollars is really nothing after all. Probably more money in between my couch cushions. Such a small indie company that has to struggle to remain afloat, like an Etsy store.
This phenomenon is normally created by a bunch of mid level people without many stock options trying to get promotions. They need the big arrow to go up to get a good raise, be recognized, etc in their individual business units.
The people pushing things to go up are typically not motivated by the gross number as much as they are making their boss happy enough to pay them more. That's why the change is all that matters.
There isn't a reason to run a section of your company if it costs you money.
It's funny that you say this, because Google intentionally ran YouTube without making any profit from it for many years. The goal (which they succeeded in) was to starve out any competition and establish YouTube as the online video monopoly. Ever since establishing that monopoly, they've been squeezing more and more money out of the platform knowing that social inertia will work against any would-be competitors (everything is on YouTube, all of the content creators are on YouTube, all of the viewers are on YouTube, so how does someone convince enough people to move to another platform?).
Prominent example is printer hardware and the ink. Hardware is sold at little mark-up or at a loss and then they force you to use their iteration of liquid gold. Printer ink is dirt cheap to manufacture and costs more than human blood.
There are lots of reasons that one area of your company may make less money. It’s like how the NYC subway or post office technically don’t “make money” but the value they bring to the whole system is a net positive by enabling all the other companies to make way more.
Data aquisition for analysis, AI training, tracking and simply having monopolized a space. Theres a lot of positives and indirect profit that might make it feasible.
But does it "Good" for the public like say road improvement?
It does "Good" for the company by increasing the quality of the output of it's AI/LLM, more data to track users etc.
Is that 10 million active users of uBlock Origin or 10 million active installs? Also relevant because I've seen workplaces that deploy UBO to all users thanks to advertising being an easy vector of getting users to click random links they shouldn't
So I can't find my original source for that one anymore, but I looked at the Chrome Web Store and addons.mozilla.org and they show a total of ≈17m (10mil on Chrome, 6.9mil on Firefox).
I don't see a good active users number on uBlockO's website or anything, and I also don't have a good way of estimating how many of those installs are second or third browsers; but an enterprise install probably wouldn't go through the extension storefronts and would instead be delivered directly via MDM. Whether that means they'd count toward the browsers' totals, I'm not sure.
Still, it seems to me that the vagaries around this probably cancel each other out decently well; sure, some might be double-counted or enterprise installs, but the actual uBlockO users are probably more inclined to be power users, online more often than other users. I'd say that 4% is probably in the ballpark at least. Maybe it's 1%, maybe it's 6%, but I don't think it's terribly far off.