3 ms·
The point is Cloud is still 100% subsidized by Search, and if Search loses even 5% of market share in the next 12 mo it is a disaster as GCP cannot fill the gap
by nr2x 4y ago
The point is Cloud is still 100% subsidized by Search, and if Search loses even 5% of market share in the next 12 mo it is a disaster as GCP cannot fill the gap as they are still losing money. The velocity at which they are losing money is immaterial to the fact they are not nearly ready to plug a hole if Bing take share.
- riku_iki 4y agoI think cloud's net revenue loss was very small last Q they reported. They may cut on some personal and services and become profitable if decide so.
- nerpderp82 4y agoGoogle has over 165B in cash on hand. Nothing is that dire.
- nr2x 4y agoNobody got fired for choosing IBM either.