CreditSuisse Analyst Spencer Wang Estimates YouTube Losing Nearly $500 Million This Year
CreditSuisse analyst Spencer Wang is estimating that YouTube will probably roughly $470 million this year. YouTube’s revenue jumped to around $240 million, but it costs about $710 million to keep the video sharing website running. Over half of the $710 million is from bandwidth costs which amount to about $360 million.
[via paidContent]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry