On 11/19/12 5:59 AM, Saku Ytti wrote:
What I'm trying to say, I can't see youtube generating anywhere nearly
enough revenue who shift 10% (or more) of Internet. And to explain
this conundrum to myself, I've speculated accounting magic (which I'd
frown upon) and leveraging market position to get free capacity (which
is ok, I'd do the same, had I the leverage)
Or there's a simpler explanation. Which is that it makes money either
directly or as part of a salubrious interaction with other google
properties.
They had about 2.5Billion left over for their trouble in the quarter
ending 9/30 which isn't too shabby on a gross of 14 billion.