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It doesn't mean the sky is falling, but may indicate a shift in attitude within Google as their costs grow faster than their revenues. Given that Google domina
by ninth_ant 4y ago
It doesn't mean the sky is falling, but may indicate a shift in attitude within Google as their costs grow faster than their revenues.
Given that Google dominates email, search, browsers, phones, creator video, and a laundry list more things... it's definitely indicative of a story.
- bwb 4y ago1 quarter... i just find this perplexing given the short term focus. If it was a trend maybe 3 or 4 quarters indicate something. This is nothing.
- bigbee 4y agoCosts grew due to a hiring binge (that can be easily stopped, or even reversed - it’s entirely in Google’s hands) and to increased costs for their data centers (hardware, electricity) which are cyclical. There’s no indication so far of any fundamental long-term changes to the cost structure.