Re:Google Cloud lost $5.61B on $13.06B revenue last year
by raiyu on Tuesday February 02, 2021 @05:31PM
(#26007895)
I’m sure they are still heavily investing in CapEx given their growth.
You have to remember that AWS had a more linear path so capex investment was spread out over a longer time line. Meanwhile Google had to rebuild all of AWS infra and capacity basically over night.
That coupled with high revenue growth leads to a large loss in the build out years. As revenue increase YoY slows down that loss will begin to narrow.
You have to remember that AWS had a more linear path so capex investment was spread out over a longer time line. Meanwhile Google had to rebuild all of AWS infra and capacity basically over night.
That coupled with high revenue growth leads to a large loss in the build out years. As revenue increase YoY slows down that loss will begin to narrow.