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by bigbee
1325 days ago
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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) 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. |
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