this post was submitted on 14 Oct 2023
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ

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[–] queue@lemmy.blahaj.zone 106 points 1 year ago (4 children)

https://www.macrotrends.net/stocks/charts/GOOG/alphabet/gross-profit

Alphabet gross profit for the quarter ending June 30, 2023 was $42.688B, a 7.85% increase year-over-year.

Alphabet gross profit for the twelve months ending June 30, 2023 was $160.503B, a 1.7% increase year-over-year.

Alphabet annual gross profit for 2022 was $156.633B, a 6.77% increase from 2021.

Alphabet annual gross profit for 2021 was $146.698B, a 50.01% increase from 2020.

Alphabet annual gross profit for 2020 was $97.795B, a 8.71% increase from 2019.

Huh, they seemingly have money to not fuck our eyes without lube for ads, but I guess they somehow just don't have enough money, 156 billion dollars is really nothing after all. Probably more money in between my couch cushions. Such a small indie company that has to struggle to remain afloat, like an Etsy store.

[–] nicetriangle@kbin.social 34 points 1 year ago (1 children)
[–] ShaggySnacks@lemmy.myserv.one 13 points 1 year ago

MUST APPEASE THE GOD OF CAPITALISM AND THE ALMIGHTY SHAREHOLDERS!

[–] Tak@lemmy.ml 27 points 1 year ago

Ah yes, Capitalism.

[–] Gormadt@lemmy.blahaj.zone 21 points 1 year ago

Of course they don't have enough money

The goal is (as always) to have all the money

[–] Auli@lemmy.ca 2 points 1 year ago

How do you think they make that money? I mean yes it is an insane amount and do they need that much but they would still have ads.