Amazon and Google share at least one characteristic: their respective cloud “computing as a service” operations make up a small part of total revenue. For Google, that segment represented about nine percent in 2022.
For Amazon, AWS represents about 13 percent of total revenue, though the bulk of Amazon profits, at the moment. So far, as Google Cloud still seems to be losing money, it makes no direct contribution to Alphabet profits.
No comments:
Post a Comment