Wednesday, June 6, 2012

YouTube profits

I just read an article about the Google acquisition of YouTube way back then for $1.65B. Now it generates an income of $1B annually.

To simplify it further: $1B per year is equivalent to generating an income of $31.71 per second. That is "per second". That is way more than the minimum federal salary of about $7 per hour.

No wonder why a lot of people want to do an internet startups like YouTube.
They call it 'cash cow'.

Will it be the case also for the Motorolla Mobility? That Google just recently succesfully acquired?

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