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.
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And before, it might've been in that "profitable if we want it to be" situation where they're just reinvesting the revenue.
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.