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If growth rates continue for 5 years, Cloud will print ~$10B per quarter in profits in 2028 - that's about 50% of search currently... That would make Cloud by
by onlyrealcuzzo 4y ago
If growth rates continue for 5 years, Cloud will print ~$10B per quarter in profits in 2028 - that's about 50% of search currently...
That would make Cloud by itself one of the 50 biggest companies in the world in terms of profits...
Companies are valued at profits for 10+ years. So Cloud continuing its promising growth trajectory is a very good thing for investors.
Obviously growth rates are unlikely to stay as high as they are for 5+ years - but the outlook for Cloud & Google - is still very promising.
- illiarian 4y ago> If If. Would. etc. It could also not grow, and slip back to losing billions. > Companies are valued at profits for 10+ years. Wat?
- onlyrealcuzzo 4y ago> It could also not grow, and slip back to losing billions. It's been growing at similar rates for 13 years - rate of growth slowly decreasing. It's way more likely to continue at it's rough trajectory than to have a sudden massive reversal. But, sure, anything is possible. Google could also get obliterated by an alien civilization. Not gonna bet on that scenario, though.