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if it was extremely profitable it would be a separate line in their financial statements (rather than being aggregated with other things) it isn't, so draw fro
by blibble 7y ago
if it was extremely profitable it would be a separate line in their financial statements (rather than being aggregated with other things)
it isn't, so draw from that what you will
- manigandham 7y agoGoogle earnings report shows Google Cloud and Youtube revenue for the first time: https://techcrunch.com/2020/02/03/alphabet-earnings-show-google-cloud-on-10b-run-rate/ https://techcrunch.com/2020/02/03/alphabet-earnings-show-goo...
- scarface74 7y agoAnd it is still estimated that Youtube is barely profitable between what it pays creators and bandwidth costs.
- manigandham 7y agoBarely profitable (assuming that's all it is for the number 1 video destination online) is still profitable. Also Youtube != Google Cloud.
- scarface74 7y agoYes I realize that but having revenue without profit is kind of meaningless.
- manigandham 7y agoOptimizing for growth requires forgoing profit, which is the model in place for GCP (and what everyone seems concerned over) so I don’t see what the problem is. Is it really that you just don’t feel they’re committed enough for your standards?
- scarface74 7y agoAWS and Azure seem to both have growth and profit...
- blibble 7y ago... which includes gsuite, which will be most of it