Peter Kafka

Recent Posts by Peter Kafka

Morgan Stanley Thinks YouTube Will Be a $20 Billion Business

Google won’t provide any revenue information for YouTube, so Wall Street comes up with its own guesses. Here’s the newest from Morgan Stanley: The banks analysts think the video site will do $4 billion in gross revenue this year, and will generate $711 million in operating income. By 2020, Morgan Stanley thinks those numbers could hit $20 billion and $5 billion.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus