> YouTube: 20 billion USD profit in 2021 on 28 billion revenue
Alphabet does not break out YT's profits in their financial reports, just the revenue. So that $20 billion is just a total fabrication. Shame on you.
It's also not at all a credible number, because YouTube's split of the ad revenue is known to be 45%. It's literally impossible for them to have 70% margins like you claim.
> because YouTube's split of the ad revenue is known to be 45%
What's the split on demonetized videos? What's the split on "ad supported" videos where engagement is too low for actual payout? How does this affect overall split?
YouTube: 20 billion USD profit in 2021 on 28 billion revenue
Netflix: 12 billion USD profit in 2021 on 30 billion revenue
There's a reason why people call YT a money printer. And I just heard they are trialling showing five(!) ads before each video now.