profit

According to a new report out of The Wall Street Journal, Google’s YouTube unit posted a revenue of nearly $4 billion in 2014, but did not earn a profit of any kind. The $4 billion in revenue during 2014 is up from $3 billion in 2013. YouTube accounted for about 6 percent Google’s overall sales last year.

In an effort to remedy remaining unprofitable, YouTube is planning to launch a new ad-targeting system later this year, the WSJ says, though details remain unclear. …

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Chinese handset maker Xiaomi has seen explosive growth since entering the market in 2010, emerging to become the world’s third-largest smartphone maker after just four years. According to a recent regulatory filing, the company is also profitable too, bringing in $56 million profit in 2013 despite having razor-thin margins on its smartphones and tablets.
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Some Android app developers aren’t receiving the earnings they’ve generated through web-based Market sales, according to a report from The Register.

Google’s Android Market support forums are full of devs claiming discrepancies with the orders being charged and the payout they’ve received each month. One forum poster comments “It could be that some of your orders aren’t charged until a day or so later and will therefore creep into a different payout day”. However, others note the issue goes beyond the normal lag and have missed  up to “100 orders a day at least for the last two days”.

Its also been reported that a large number of developers have failed to notice the inconsistencies, so you might want to take a closer look at your statements to make sure everything is accounted for. The Register notes rumblings of a “Developers’ Union” and there is even a petition going to renegotiate sales tax, initiate a removal appeal process, and more.

Google employee HeidiLC posted this response on behalf of the company:

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