Google Cloud makes its first profit, 15 years after launching
For the quarter ended March 31, the G-Cloud won $7.4 billion of revenue and produced operating income of $191 million – a 2.5 percent profit.
He was pleased with this new result."Our disciplined expansion of our product road map and go-to-market organization has helped to build one of the largest enterprise software companies in the world," he said. And at $28 billion run rate, just 15 years after launching, he's not wrong. Even if the unit's revenue is well behind AWS and Azure, which launched in 2006 and 2010 respectively.
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