Schmidt says Google still scratching head over YouTube profits

Courtesy CNET Tech blog  Wed, 04/30/2008 - 5:03pm

Google CEO Eric Schmidt likely surprised few by confirming Wednesday that video-sharing powerhouse YouTube isn't quite throwing off lots of cash.

It was obvious from Google's earnings reports that YouTube has yet to generate material income.

Still, it's worth noting, 18 months after Google acquired YouTube for $

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