[sovnade]

To everyone saying GCP will be gone - it generates over $8 billion in revenue per year and $400 million in profit. There's no chance they kill it any time soon.

Yes it posted heavy losses in the past, but any major infrastructure does, and obviously there is a major amount of potential - and they have around 10% of the total cloud market share, not insignificant by any means.

[hncommenter13]

One correction. It's not $8B per year, it's $8.4B in the last quarter--which is over $32B annualized, especially considering the last quarter's revenue grew over 20% from the same time last year. GCP's profit margins are low (for now) but positive. [1]

Moreover, per its filings, Google had almost $65B of contracted backlog representing customer commitments for future purchases (over multiple years), primarily related to Google Cloud. That is not to say those can't ever be unwound or delayed, but it's a pretty meaningful amount, even to a company the size of Google. [2]

[1] https://www.sec.gov/Archives/edgar/data/1652044/000165204423...

[2] https://www.sec.gov/Archives/edgar/data/1652044/000165204423...

edit: formatting