Msg#: 4458581 posted 11:30 am on May 28, 2012 (gmt 0)
Does anybody have any idea about recent YouTube financial statements as to how it is performing? Like data from last year or may be year before that.
Most of you must have already seen that report from 2009 which said that Youtube suffered a loss of around $470 million so I want to know if any recent data is available? I have also seen that news/report on web which said that YouTube earned $1 billion profit in 2010 but I guess this is all conjecture and no concrete info is available.
And if you can tell whether the profit comes from advertising on YouTube or some other indirect means?