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by Locke1689 5793 days ago
I can't tell you specifics but I can tell you that Microsoft knows the cloud is losing money for now.
1 comments

That's okay though - At least MS is smart enough to make an investment in a nascent technology. I bet everyone is losing money on the cloud, or barely breaking even.

Even Rackspace's Net Income is only 10 million dollars, coming off of 178 million dollars worth of revenue.

New businesses take time to grow.