News for hackers. Stuff that matters.
Re:Apple is run like a huge startup (and the remote app was ... by Locke1689 on Monday August 02, 2010 @09:54PM (#1569813)
I can't tell you specifics but I can tell you that Microsoft knows the cloud is losing money for now.
Re:Apple is run like a huge startup (and the remote app was ... by unexpected on Tuesday August 03, 2010 @09:04AM (#1570961)
That's okay though - At least MS is smart enough to make an investment in a nascent technology. I bet everyone is losing money on the cloud, or barely breaking even.

Even Rackspace's Net Income is only 10 million dollars, coming off of 178 million dollars worth of revenue.

New businesses take time to grow.