Recent comments in /f/dataisbeautiful
rosebudlightsaber t1_j7eos27 wrote
Reply to Transportation Mode Usage [OC] by takeasecond
Woulda thought covid effects would have had a larger trough.
Edit: wider/longer time
lucun t1_j7eoif3 wrote
Reply to comment by halibfrisk in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Alphabet likes to hide costs and net income of segments unlike how granular they break down revenue. Might be a good thing since it can shield those segments from greedy investors and competitors. It's also hard to breakdown as I've heard they do have engineers that do work affecting multiple Google segments at the same time, which makes it hard to attribute costs accurately.
PBlove t1_j7eo71y wrote
Reply to comment by deletion-imminent in Economic freedom (Index of Economic Freedom) vs Income inequality (Gini coefficient) in 153 countries [OC] by Independent-Ad-514
Yes. That's what the guy above me is talking about. Because the fitness of the line is low, you likely should not put much stake in a low correlation.
PBlove t1_j7eo3es wrote
Reply to comment by Independent-Ad-514 in Economic freedom (Index of Economic Freedom) vs Income inequality (Gini coefficient) in 153 countries [OC] by Independent-Ad-514
So how would you solve the crime issue knowing it's single mother and or racial components?
mavric22 t1_j7eo2vl wrote
Reply to comment by dogpetter420 in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Because despite everyone believing 'ads don't work on me', they actually do work.
lucun t1_j7enx13 wrote
Reply to comment by swankpoppy in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
You're better off just reading the earning report yourself than trusting reddit to do that for you. The YouTube $29B revenue in the chart is actually YouTube Ads. The Playstore and Other $29B in the chart includes non-ad revenue from YouTube and many other things.
YouTube is tricky since Alphabet sort of hides YouTube's total revenue and net income.
dogpetter420 t1_j7emq0k wrote
Reply to comment by FIleCorrupted in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
You think I pay attention to ads? 😂
I’m not trying to sound cool here, and I don’t think this makes me special, but I’m over 30 and I think I’ve maybe purchased 3-4 things in my adult life because of an ad. I seriously do not understand how ads are profitable
boshbosh92 t1_j7elzo6 wrote
Reply to [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
wow, YouTube only accounts for 1% of their income!
iamthemosin t1_j7elz14 wrote
Cool. I heard babies wake up and cry every 2 hours. Is that not true?
takeasecond OP t1_j7elssa wrote
Reply to Transportation Mode Usage [OC] by takeasecond
This data comes from the US BTS and the graphic was made with R
ConqueredCorn t1_j7elhdl wrote
Reply to [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
11 billion in taxes. God help us all
ToughNefariousness23 t1_j7el2h3 wrote
You've got a baby that consistently sleeps for 7 hours straight on the regular?
no_buses t1_j7ejxwf wrote
Reply to comment by Obvious_Chapter2082 in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Corporations don’t pay income taxes, they pay corporate taxes. Income taxes are paid by Google’s employees.
The federal corporate tax rate is 21%, and Alphabet Inc. is registered in Delaware so they don’t pay state tax. If you make 45k a year or more (after deductions), your marginal tax rate (not effective tax) is lower than Google’s.
MattWindowz t1_j7ejv1x wrote
Reply to comment by jsveiga in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Hey, I work in advertising, I can provide a little insight here. When we want to advertise to a specific type of person, Google (and other social media compaines) doesn't give us data and let us target individuals. What we do is select certain keywords, phrases, or interests that we want to target, and their algorithm uses your data to determine if you're the kind of person that we are trying to advertise to. Detailed data is important for Google, because if their data is bad, our ads won't go to the right people, and we won't make sales, so we'll spend our money elsewhere.
Tl;dr advertising revenue is data revenue.
bitcoind3 t1_j7ejb3k wrote
Reply to [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
For those of us who are not seasoned accountants:
- Research and Development
- Sales and Marketing
- General and Administrative
ChumburidzeGio t1_j7ej3qv wrote
Reply to [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Would not expect YouTube to make less than even AdMob/Adsense revenue, considering how much they have to pay there to content creators
KramItFoo t1_j7eio5t wrote
Reply to [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
"Other revenue" is just a casual $3B
EmoInTheCreek t1_j7ehvzd wrote
Reply to [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
That's 5 Billion in profit per month!
querry22 t1_j7ehsey wrote
Reply to comment by FIleCorrupted in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Oh wow I never thought of that before.
FIleCorrupted t1_j7ehfdm wrote
Reply to comment by querry22 in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Sure, but really viewing the ads is the currency you are using to pay for their products. So their legacy is all of the products that users pay for with their attention.
FIleCorrupted t1_j7ehbzr wrote
Reply to comment by jsveiga in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
There's a big misconception about what is meant by "selling your data". Your data is how they create value, but they don't literally sell excel files of everything you do.
The better the data they collect on you, the more effective they can make their advertisements. For example, maybe a grocery store chain asks google to target a specific ad at users who have been to competitors stores in the past x weeks. They don't sell that customer your data, but they use your data to fulfill the customers request.
SirThatsCuba t1_j7efdnl wrote
Reply to comment by egonzo61 in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
I would really like this itemized between S and M please ( ͡° ͜ʖ ͡°)
gza_liquidswords t1_j7efapq wrote
Reply to [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
They bought youtube for 1.65Billion, and it generates 29Billion/year revenue for them.
halibfrisk t1_j7edkv0 wrote
Reply to comment by SUPRVLLAN in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
There’s revenue / income from tech sales regardless of whether it generates a profit or loss.
>Google’s hardware products, including the Pixel smartphone, the Chromebook laptop, and Nest smart home devices, generated a total of $19.6 billion in revenue in the same year.
I__Know__Stuff t1_j7eoslj wrote
Reply to comment by swankpoppy in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
The top left category is specifically search advertising. Youtube advertising revenue is in "Youtube".