{"id":42749,"date":"2022-02-02T10:16:59","date_gmt":"2022-02-02T10:16:59","guid":{"rendered":"http:\/\/icloud.pe\/blog\/?guid=ce6ce1390c78699dc8be98961a6cc4c2"},"modified":"2022-02-02T10:16:59","modified_gmt":"2022-02-02T10:16:59","slug":"google-cloud-lost-3-1-billion-in-2021","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/google-cloud-lost-3-1-billion-in-2021\/","title":{"rendered":"Google Cloud lost $3.1 billion in 2021"},"content":{"rendered":"


\n Bobby Hellard<\/a><\/span>
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2 Feb, 2022<\/span><\/div>\n<\/p><\/div>\n<\/div>\n

\n<\/a><\/p>\n

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Google’s\u00a0cloud division<\/a>\u00a0reported another year of losses, despite extending the life of its hardware by a further 12 months.\u00a0<\/p>\n

The cloud giant lost $890 million in the fourth quarter of 2021 and $3.1 billion over the entire year, according to financial results posted by its parent company, Alphabet.\u00a0<\/p>\n

<\/p>\n

\nLast year\u00a0Google<\/a>\u00a0extended the operational lifespan of its\u00a0cloud servers<\/a>\u00a0from three to four years in a bid to offset some costs. While the switch saved the company $3.6 billion in reduced depreciation expenses and brought in a $2 billion net income increase, it still wasn’t enough to make the tech giant’s cloud arm profitable.\u00a0<\/p>\n

Cloud losses were relatively minor compared to Alphabet’s overall financial outlook; the company reported record-breaking revenues of $257 billion for 2021, a 41% year-on-year increase. The company also reported Q4 revenue of $75.3 billion, which is a 32% increase compared to 2020.\u00a0<\/p>\n

“Q4 saw ongoing strong growth in our advertising business, which helped millions of businesses thrive and find new customers, a quarterly sales record for our\u00a0Pixel phones<\/a>\u00a0despite supply constraints, and our Cloud business continuing to grow strongly,” Alphabet and Google CEO Sundar Pichai said.<\/p>\n

Alphabet doesn’t usually reveal specific financial or sales information when it comes to its hardware, or even for its Android mobile operating system, and typically bundles them into a category listed as “Google other”. This category brought in $8.16 billion of revenue for the fourth quarter, and it is worth pointing out that its latest Pixel handsets – Pixel 6 and\u00a0Pixel 6 Pro<\/a>\u00a0– both went on sale just before. \u00a0<\/p>\n

2021 was the first time Alphabet surpassed $200 billion in revenue, pulling in $258 billion, which is almost triple what it reported in 2016 ($90 billion). <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Bobby Hellard<\/p>\n

2 Feb, 2022 <\/p>\n

Google’s\u00a0cloud division\u00a0reported another year of losses, despite extending the life of its hardware by a further 12 months.\u00a0
\nThe cloud giant lost $890 million in the fourth quarter of 2021 and $…<\/p>\n","protected":false},"author":403,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-42749","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/42749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/403"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=42749"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/42749\/revisions"}],"predecessor-version":[{"id":42750,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/42749\/revisions\/42750"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=42749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=42749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=42749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}