4 ms·
Azure has $1B in revenue [0]. Are you seriously telling me that DigitalOcean is that large? I think I'm going to need a citation if you want me to believe that
by rgbrenner 13y ago
Azure has $1B in revenue [0]. Are you seriously telling me that DigitalOcean is that large?
I think I'm going to need a citation if you want me to believe that.
[0]. http://www.bloomberg.com/news/2013-04-29/microsoft-azure-sales-top-1-billion-challenging-amazon.html http://www.bloomberg.com/news/2013-04-29/microsoft-azure-sal...
- Retric 13y agoDigital Ocean is worth 15.6 billion so ut's not exactly a small company. Edit nm wrong company.
- rgbrenner 13y agoPosting a new made-up number is the opposite of a citation. Just FYI. Also, I'm going to be straight with you... There's not one bit of me that believes that number.
- LockeWatts 13y agohttp://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=051160:KS http://investing.businessweek.com/research/stocks/snapshot/s... Market Cap: 15.6B
- deleted 13y ago[deleted]
- patrickg_zill 13y agoThat number is in Korean Won.
- Encosia 13y agoThat's the wrong company and those numbers aren't in USD (On the order 10-15 million USD market cap).
- guiomie 13y ago051160:KOSDAQ. Wake up dude.
- btipling 13y agoRackspace is worth about $6bn, so I doubt some new startup with a tiny market share is worth more than twice Rackspace. https://www.google.com/finance?q=NYSE:RAX https://www.google.com/finance?q=NYSE:RAX
- deleted 13y ago[deleted]
- josh2600 13y agoYou are misreading the punchline of that Article. It says $1B in Sales, not $1B in revenue. There's nothing in that article that says that's revenue, only sales. There's also nothing in that article that says it doesn't include comped hours. Believe me, if Azure had $1B in revenue, Microsoft would not be quiet about it. The keyword "Sales" is there for a reason. *Edit: "Microsoft’s $1 billion sales figure includes Azure, as well as software provided to partners to create related Windows cloud services, Anderson said in an interview." from the article. This is definitely not just instance time they're talking about.
- mcintyre1994 13y agoExcuse the ignorance, but what am I missing here? Don't all sales qualify as revenue? Edit: quote from the article: > “I expect them to double annually from here,” Staten said of Microsoft’s Azure revenue. Seems to at least imply sales and revenue are interchangeable in this context.
- josh2600 13y agoYou know what. I read that Bloomberg article multiple times and I've never seen it anywhere else on the Internet. As I googled to make sure I wasn't making a grave error, the term "Azure $1B Revenue" has quite a few hits. I must gracefully admit my error here. It's possible that they're counting comped time on the system as revenue, but it's much more unlikely if they're using the term revenue in public. Edit: The only leg I have to stand on is the comment about the cost of software being included in Azure revenue. That's smelly accounting IMHO, but maybe I'm missing a detail.
- chronic25 13y agoSales = Revenue
- marshray 13y agoI work at MSFT in the Azure division. I have no idea about the specifics of accounting terminology, but from what I hear internally I can say that we're quite pleased with both the absolute numbers and the projected growth. It's understandable that our cloud isn't as prominent in the minds of the HN crowd as some of the other well-known ones, but we actually do have the kind of customer base to make the public numbers credible.