Google Search revenue down 9.8% year over year, dropping by $2.3 billion to $21.32 billion for Q2. This means that Alphabet reported its first revenue decline in history (2% decline). Cloud, YouTube still doing well.

cnbc.com/2020/07/30/alphabet-g

@markosaric does YouTube still make a loss? I always thought that is was a money pit for Google.

@kev @markosaric

Looks like nobody is really quite sure... but given how hard they've pushed things like their paid subscription and since that Adpocalypse debacle, I'd guess they're probably close if not already profitable.

https://www.theverge.com/2020/2/3/21121207/youtube-google-alphabet-earnings-revenue-first-time-reveal-q4-2019

https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us-about-youtube-and-cloud-profits.html
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@jbauer @kev i would say so but yeah it's difficult to know. i assume we'll hear more about youtube in the future if search continues the decline (too early to say whether this was caused by the pandemic only or a more general trend...)

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