Re:Google announces Q1 2023 earnings [pdf]
by illiarian on Tuesday April 25, 2023 @05:01PM
(#35706753)
> If
If. Would. etc.
It could also not grow, and slip back to losing billions.
> Companies are valued at profits for 10+ years.
Wat?
Re:Google announces Q1 2023 earnings [pdf]
by onlyrealcuzzo on Tuesday April 25, 2023 @08:09PM
(#35708322)
> It could also not grow, and slip back to losing billions.
It's been growing at similar rates for 13 years - rate of growth slowly decreasing.
It's way more likely to continue at it's rough trajectory than to have a sudden massive reversal.
But, sure, anything is possible. Google could also get obliterated by an alien civilization. Not gonna bet on that scenario, though.
That would make Cloud by itself one of the 50 biggest companies in the world in terms of profits...
Companies are valued at profits for 10+ years. So Cloud continuing its promising growth trajectory is a very good thing for investors.
Obviously growth rates are unlikely to stay as high as they are for 5+ years - but the outlook for Cloud & Google - is still very promising.