4 ms·
Around 13% of total revenue then, growing year on year, that's nice. I would like to know what percentage of net profit is contributed by that fraction.
by cambalache 9y ago
Around 13% of total revenue then, growing year on year, that's nice. I would like to know what percentage of net profit is contributed by that fraction.
- maxxxxx 9y agoIt's very possible that they produce a lot of revenue but no profit like Uber. On the other hand I would assume Google Cloud is making money since Azura and AWS are profitable for MS and Amazon.
- adventured 9y agoThe other category is producing an operating loss. Just as a stray example, for 3Q17 Alphabet generated $7.8 billion in operating income. Google, the subsidiary, generated $8.7 billion in operating income for that quarter. With continued solid growth of Google's cloud business, and the pull back on burning red ink on Google Fiber, maybe they'll push that other category to break-even soon. Regardless, Google is generating all of their profit. Google is a cash production marvel, nearly on par with the iPhone at this point. They should be able to hit around $40 billion in operating income in that subsidiary this year.
- jacksmith21006 9y agoYou are confusing Alphabet other with Google other. Google other is material and their fastest growing segment.