Monday, 24 January 2011

YouTube 's revenues more than doubled in 2010

"Most of Google’s earnings call was overshadowed by the news of CEO Eric Schmidt’s imminent departure — so much so that online video site YouTube didn’t come up during the Q&A session. And while Google typically doesn’t break out financials for the online video site, CFO Patrick Pichette snuck in a little tidbit of information about YouTube at the very end of the call, saying that the unit’s revenue had more than doubled during 2010."

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