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Re:Reflecting on 18 Years at Google by chatmasta on Wednesday November 22, 2023 @01:07PM (#38382756)
I was about to correct you about GCP profitability, but I just looked it up, and TIL that GCP became profitable for the first time in 2023 Q2. Interesting.
Re:Reflecting on 18 Years at Google by hot_gril on Wednesday November 22, 2023 @01:34PM (#38383155)
And before, it might've been in that "profitable if we want it to be" situation where they're just reinvesting the revenue.
Re:Reflecting on 18 Years at Google by wavemode on Wednesday November 22, 2023 @02:15PM (#38383735)
Which is precisely why profit is a red herring. What matters is market share (which for GCP is still 10%, not amazing but gradually increasing) and, ultimately, revenue growth.
Re:Reflecting on 18 Years at Google by hot_gril on Thursday November 23, 2023 @02:09AM (#38390231)
Yes, they don't need profits from Cloud yet. They do need it to be a viable business when growth slows eventually, though.