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They're probably spending a ton on marketing and datacenter growth. You'd slow down those if you wanted to make more profit. Right now they're trying to grow as
by fastest963 6y ago
They're probably spending a ton on marketing and datacenter growth. You'd slow down those if you wanted to make more profit. Right now they're trying to grow as fast as possible and are okay losing money in the short term.
- beaconstudios 6y agoah, losing money in order to grow. Also known as investing! It's irritating how journalists spin this to imply a company is haemorrhaging cash.
- shishy 6y ago"loss leadership"!
- refulgentis 6y agoArticle says data centers. They're the chicken that comes before the golden egg
- fred_is_fred 6y agoHow do you "spin" actual financials? They are in fact "haemorrhaging cash". Whether it's a good idea or not is another story.
- beaconstudios 6y agothe story is the spin. "Google Cloud lost $5.6B" strongly implies "isn't making money". The reality is that they are reinvesting. But "Google invests in Google Cloud" is not a story, so it gets spun.