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We're not talking about profit (which is dictated by depreciation of capital intensive investments), we're talking about adoption the service. GCP is alive and well.

> And even that is only because of GSuite

Where do you see that?



Adoption has never paid a bill, anyone can sell a bunch of dollars for 95 cents and you can’t just hand wave away depreciation, servers have to be replaced, they aren’t just keeping the same servers online forever.

They’ve always included GSuite

https://www.zdnet.com/article/alphabet-beats-q4-estimates-go...

> For Q4 2020, Google Cloud -- which includes Google Cloud Platform (GCP) and Google Workspace (formerly G Suite


> They’ve always included GSuite

I wasn't saying that. You have no idea what % of overall revenue is GSuite vs core GCP. Until you do, your "mostly gsuite" is purely speculation.

> Adoption has never paid a bill, anyone can sell a bunch of dollars for 95 cents and you can’t just hand wave away depreciation, servers have to be replaced, they aren’t just keeping the same servers online forever.

I wasn't hand waving away depreciation. I was saying the depreciation (which is when capital hits the IS) is very likely going to outpace revenue for years given the growth rate of cloud adoption. We're talking at least another 10 years before they stop allocating capital towards data centers. To illustrate this further:

year 0 - $1B for data center buildings + server racks

year 5 - $200M for refresh of server racks

So, profit will come much much later. Amazon has proven this many times over.




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