Why the Cloud Business Matters More Than Ever
Google Cloud grew 63% year-over-year last quarter, the fastest pace among major cloud providers. Total company revenue rose 22% to $109.8 billion in the previous quarter, and the cloud unit's profit margin nearly doubled. The cloud order backlog sits at roughly $460 billion, indicating years of future revenue already booked. Investors want to see that this backlog is converting into actual profit.
Translation:Hvorfor skyforretningen betyder mere end nogensinde
Google Cloud voksede 63 % år over år sidste kvartal, det hurtigste tempo blandt de store skyleverandører. Selskabets samlede omsætning steg 22 % til 109,8 mia. USD i det fore
