Source?

Revenue != profits

I'm sorry, in two years they upped their revenue by over 10b - from 19 to 28b - I'm fairly certain they are having record profits. (Google doesn't release numbers for youtube's revenue, so that's the best number you're getting)

You don't spend the kind of money staffing a product like YouTube unless there are lots of profits too.

Everyone seems to have read an article from 10+ years ago and haven't updated their opinion since. The internet is wildly different now. Tech makes huge profits.

Absolutely! I find it nuts to see so many people defending giant corporations - it's so backwards.

It's not public. We only know revenues. So you should back up your claims with sources.