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I can't tell you specifics but I can tell you that Microsoft knows the cloud is losing money for now.
by Locke1689 16y ago
I can't tell you specifics but I can tell you that Microsoft knows the cloud is losing money for now.
- lolipop1 16y agoIt seems like, in my opinion that the online services are really the front facing side of the company and they are really trying to work their image through those services, not their core revenue streams. Appearing too bad on this segment might mean mid-term losses on the other streams, lobbying might be affected, etc. So losing or making money might not be too important (for the online services), as long as they keep their presence.
- unexpected 16y agoThat's okay though - At least MS is smart enough to make an investment in a nascent technology. I bet everyone is losing money on the cloud, or barely breaking even. Even Rackspace's Net Income is only 10 million dollars, coming off of 178 million dollars worth of revenue. New businesses take time to grow.