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Isn’t it safe to say that GCP is a perfect place for Google to take losses from a tax perspective? They can just keep building new DCs, upgrading gear, creating
by reilly3000 5y ago
Isn’t it safe to say that GCP is a perfect place for Google to take losses from a tax perspective? They can just keep building new DCs, upgrading gear, creating partnerships, and buying customers. I feel like they could make it profitable any time they like, and they certainly did last quarter.
- samspenc 5y agoThat's an interesting perspective. Also, since Google runs several of its services on its own cloud platform [1][2], I wonder if they are just moving data center and similar CapEx costs into their GCP budget, thus removing those cost line items from the rest of Google's quarterly and annual earnings results. [1] https://en.wikipedia.org/wiki/Google_Cloud_Platform https://en.wikipedia.org/wiki/Google_Cloud_Platform [2] https://www.cnbc.com/2021/06/04/google-is-moving-parts-of-youtube-to-its-cloud-service.html https://www.cnbc.com/2021/06/04/google-is-moving-parts-of-yo...