Re:Alphabet Announces First Quarter 2022 Results
by tommiegannert on Wednesday April 27, 2022 @03:27AM
(#31177252)
> Q1 Cloud Loss of $931M, still not sure how they can't compete with Azure and Amazon here?
If you haven't analyzed the revenue and expense, this number doesn't say anything. Thay may willingly be spending more to grow, but could change stance and be profitable on Monday if they wanted to. These are numbers that sound like output, but my guess is someone had a "revenue+$1B" budget, and they spent it.
I have no clue if that's the case, but it would surprise me if Google Cloud is inately unprofitable.
If you haven't analyzed the revenue and expense, this number doesn't say anything. Thay may willingly be spending more to grow, but could change stance and be profitable on Monday if they wanted to. These are numbers that sound like output, but my guess is someone had a "revenue+$1B" budget, and they spent it.
I have no clue if that's the case, but it would surprise me if Google Cloud is inately unprofitable.