Well, capex has a multi-year depreciation schedule and has to cover interest rates. So the simplified "opex wins most of the time" is right. But we are talking

Well, capex has a multi-year depreciation schedule and has to cover interest rates. So the simplified "opex wins most of the time" is right. But we are talking about a cost difference of tens of times, maybe a few hundred. The cloud is not like "most of the time".