The transparency marks a milestone after years of aggressive investment and comes as the COVID-19 pandemic is pushing more work, shopping and entertainment online.
JPMorgan & Chase Co analysts, among the few to make predictions about Google Cloud, estimate the unit’s 2020 operating margin at 2%. Bank of America analysts estimate an unspecified operating loss. Google got serious about the cloud around 2016, five years after Amazon’s unit had become a multibillion-dollar behemoth. But some analysts say Google may be ready to show that its heavy investment in staff and data centers to catch up in the industry is finally paying off.
The company started disclosing Cloud and YouTube sales a year ago. Alphabet will provide a detailed annual breakdown for Cloud going back three years.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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