10 karma · joined July 8, 2013
It was approximated to be break even two years ago but doesn't have a growth factor as part of the number that is reported in the article, which is a key metric for determining revenue in the future. Revenue aside, profitability is extremely difficult to calculate as we don't know what the costs are as YouTube grows.
You would have made a better case here, but it's still far too old for any relevance in this discussion: https://www.wsj.com/articles/viewers-dont-add-up-to-profit-f...
In fact, in each of the filings for 2016 & 2017 the revenue they report is an amalgamation of products that consist of search, ads, commerce, maps, youtube, google cloud, android, chrome, and google play[1][2].
[1] => https://abc.xyz/investor/pdf/20170331_alphabet_10Q.pdf pg 30
[2] => https://abc.xyz/investor/pdf/20160331_alphabet_10Q.pdf pg 28
Videos:
https://www.youtube.com/channel/UCKdGg6hZoUYnjyRUb08Kjbg/
The Mill CPU Architecture – The Compiler [video] (youtube.com):
https://news.ycombinator.com/item?id=9856334
Wiki:
Since it's a cash deal, you'll miss out on ~$4 share, and since you bought in Feb/March, you'll end up paying your normal tax rate in capital gains. My guess is they approve this deal before Feb/March so no clear advantage holding for that reason.
Perhaps someone else could chime in as well?