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> GCP and Azure currently lose money for Google and Microsoft 100% not true for Microsoft. Just listen to the most recent earnings call or read the analyst re
by larrybud 4y ago
> GCP and Azure currently lose money for Google and Microsoft
100% not true for Microsoft. Just listen to the most recent earnings call or read the analyst reports.
Eg https://www.nasdaq.com/articles/microsoft-nasdaq:msft:-cloud-strength-will-expose-the-stocks-undervaluation https://www.nasdaq.com/articles/microsoft-nasdaq:msft:-cloud...
“In fiscal Q2, Microsoft Cloud’s gross profit margin even expanded by about 2% year-over-year to 72%. When you have a business with such high margins growing at 20%+, profitability is set to expand considerably even if revenues in other segments fail to rebound”
- yunohn 4y ago> gross Being the key word…