July 22nd, 2009

There are many critics about YouTube these days and Google as the “owner’ of it tries to silence those critics that mainly question about the site’s finances and the quality of the videos. Google spokesmen Chris Dale and Aaron Zamost try to “repel” the critics. In their blog they wrote that many people talked about issues like YouTube products, metrics and YouTube’s state of the business that have been settled a long time ago.

There are also critics about the financial performance of YouTube. It rose when the CFO of Google, Patrick Pichette said that YouTube will be very profitable in not very distant future. Many people question about how much money needed to run video sharing website, but YouTube Biz Blog does not really concern about this critics.

The other critics said that the website is hard to monetize because there are many user made videos. The Google spokesmen dispute the claim that only 3 to 5 percent of the website is monetize, but they do not give any better figures. The other critics are about the quality of the videos on YouTube, they say the videos are grainy and have poor quality, but the spokesmen said that “it depends on what you looking at”. They also say that the users can also upload HD videos to YouTube.

The world’s second largest electronics producer; LG Electronics, seems to be more and more successful. Recently, it has reported its fantastic net profit in the second-quarter round that reach 1.15 trillion won or about 920 million dollars; it is 62% higher than before that reached 707 billion won, even it loss 197.6 billion won in January – March before.

LG Electronics recently get a very fantastic arisen in the profits in kinds of aspect such as the operating profit as much as 32% becomes 1.13 trillion won, the overseas units’ sales that reached 14.5 trillion won or about 13.8%; it’s recorded as the global basis. On the local; LG reaches 8.47 trillion sales and 714 billion won for the operating basis. It also gets increasing profits for the handset shipment that rise till 7.8%; about 285.7 billion won.

It is certainly a brisk achievement for LG Electronics. The leader of the company said that it is also caused by the newest launched model and great development of the handset so that it becomes popular in the market. LG Electronics is sure that it will reach more than 10% benefits in the third-quarter net profits of the marketing of flat TV and mobile phone; let’s see later.