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  • mycorrhiza they/them@lemmy.ml
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    1 year ago

    I gave you both revenue and profit. Their revenue was $280 billion, not $73 billion. $73 billion was their profit before tax, and $60 billion was profit after tax. $13 billion, the difference, was their income tax.

    they took $470 million in losses

    According to the Credit Suisse report, which also massively contradicted Google’s own earnings reports, lowballing YouTube’s revenue by a factor of ten iirc.

    that…what?

    Advertising costs money. To cover that cost, companies charge us more for their goods and services. I don’t know what is baffling to you about this.