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GCP is the fastest growing Google product, and its revenue growth rate is much higher than its costs growth. So (1) there’s a clear path to profitability and (2
by bigbee 4y ago
GCP is the fastest growing Google product, and its revenue growth rate is much higher than its costs growth.
So (1) there’s a clear path to profitability and (2) it’s Google’s best story so far for a revenue stream beyond ads.
They’ve been saying for several years now with every financial report that they see a huge opportunity in cloud and will continue investing. They definitely don’t lack the cash flow to continue.