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Capex spend is one area mentioned in the Investor Relations call - primarily new datacenters, office fitouts and server purchases. Comparing q2 in 2021 and 202
by donalhunt 4y ago
Capex spend is one area mentioned in the Investor Relations call - primarily new datacenters, office fitouts and server purchases.
Comparing q2 in 2021 and 2022 is difficult because the pandemic boosted revenues in 2021 but capex spend was delayed. And in 2022, some revenue didn't materialise due to uncertainty but investments for the future are being made.
As usual with alphabet, look at the mukti-year trend. And don't be surprised to see investment in bets that will pay off in 5+ years time.
- oittaa 4y agoI would guess that all three major public cloud providers will have great growth at least for a decade ahead. People here sometimes forget that there are companies outside Silicon Valley startups.