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Thursday, March 5, 2015

For YouTube, Profits Still Elusive


With revenue last year at YouTube of about $4 billion, and operating costs at around $4 billion, the question remains for YouTube, how do you turn one billion monthly users into positive cash flow. The Wall Street Journal reports that even though the revenue was up almost $1 billion last year, YouTube's balance sheet is still way off kilter. The streamer contributes about 6 percent to Google's overall annual sales and according tot the figures, zero towards earnings.

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