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Are the Android app store and GCP loss leaders? I assumed those two would be profitable at least.
by JW_00000 3y ago
Are the Android app store and GCP loss leaders? I assumed those two would be profitable at least.
- saagarjha 3y agoGCP burns massive amounts of cash and was a loss for many years. It just barely pulled a profit this year, though it looks more like some accounting tricks to make a small negative number look like a small positive one to make things look better during a downturn.
- davedx 3y agoIIRC most of the public clouds changed their depreciation accounting recently. So all that cloud hardware is now good for 20 years instead of 10 years or something. Quite a boost to the old bottom line when you do that.