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Operating margin 28% and climbing. Net income $40B for the year through 12/31/2020. The growth in revenue at 20% is impressive given these players are already
by random5634 6y ago
Operating margin 28% and climbing.
Net income $40B for the year through 12/31/2020.
The growth in revenue at 20% is impressive given these players are already so massive.
One big takeaway, AWS is CRUSHING GCP on the financial side. There is basically a 50%?? delta here? Ie, AWS is +28% margin, GCP -30% margin? Still GCP is growing briskly though much smaller.
In short, AWS could do a lot more to compete on price if they wanted.
- jacques_chester 6y ago> In short, AWS could do a lot more to compete on price if they wanted. Maybe. GCP can be subsidised by Google, but AWS is the breadwinner for Amazon.
- amf12 6y ago> One big takeaway, AWS is CRUSHING GCP on the financial side. Or, Google is investing more to compete? AWS is financially stable now because of its investments in initial years. GCP revenue growth does seem promising.