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Google is broke? That would surprise a lot of people if it were actually true. https://ycharts.com/companies/GOOG/profit_margin https://ycharts.com/companies/
by hodgesrm 11y ago
Google is broke? That would surprise a lot of people if it were actually true.
https://ycharts.com/companies/GOOG/profit_margin https://ycharts.com/companies/GOOG/profit_margin
Amazon is not broke either. It announced a profit on the full company for Q3. Also hidden underneath the results is AWS, which has a 25% profit margin [1] that appears to be growing. At the current rate AWS is going to float the entire company.
[1] http://www.computerworld.com/article/2996288/cloud-computing/aws-offers-a-lift-to-amazons-q3-profitability.html http://www.computerworld.com/article/2996288/cloud-computing...