Google broke out numbers for its YouTube and cloud businesses for the first time in its fourth-quarter 2019 earnings report Monday. But the disclosure was limited in scope, making it difficult to gauge the profitability for those businesses.
YouTube ads generated $15.15 billion in revenue in fiscal 2019, with $4.72 billion in the fourth quarter alone. The segment generated $11.16 billion in revenue in 2018, including $3.61 billion in the the fourth quarter of that year. The segment does not include YouTube’s nonadvertising revenue, like subscriptions for YouTube TV, which are included in Google’s other revenue segment.
On a call with analysts, Ruth Porat, the CFO of Google and YouTube’s…
Source cnbc.com