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Google profits plummet 27 percent in Q3 2022 earnings report

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Re: Google profits plummet 27 percent in Q3 2022 earnings report

#81

Post by ransom1538 »

woeirua wrote: post #74

I'd be very nervous about being a GCP customer right now. Cloud services is hemorrhaging cash. How long before Google pulls the rug out from underneath a bunch of the services on GCP that aren't making money?

I tell people this all the time. I just get laughed out of a room. GOOGLE WILL SUNSET GCP. They don't work on it, they hate the product, the UI is terrible, they don't use it internally. It is 8 years? behind AWS. The GCP product is designed at scale to compete with AWS ($$) - there just isn't the customer base for 8 year old dying cloud infra. So they are throwing cash at this beast which has NO future. [I manage 300k monthly spend on GCP - and they cut off the ability to get support - we can't afford it - they cut off all communication]. The only people on it are the trapped [bigquery] or stupid.

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#82

Post by woeirua »

DeathArrow wrote: post #80
woeirua wrote: post #74

I'd be very nervous about being a GCP customer right now. Cloud services is hemorrhaging cash. How long before Google pulls the rug out from underneath a bunch of the services on GCP that aren't making money?

>I'd be very nervous about being a GCP customer right now. If you use Google specific functionality, then yes,you have reasons to worry. If you are host agnostic and use Google cloud just as a deployment target, then you shouldn't worry.

How many people really only use these platforms as deployment targets?

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#83

Post by anikom15 »

blibble wrote: post #53
hbn wrote: post #48

Earlier quoted context omitted.

Not every platform has an ad blocker or patched app solution.

android and ios do that leaves crappy settop boxes

I just set up my TV as a second monitor so I can watch YouTube on a normal web browser (with uBlock Origin) on it.

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#84

Post by barbazoo »

DeathArrow wrote: post #80
woeirua wrote: post #74

I'd be very nervous about being a GCP customer right now. Cloud services is hemorrhaging cash. How long before Google pulls the rug out from underneath a bunch of the services on GCP that aren't making money?

>I'd be very nervous about being a GCP customer right now. If you use Google specific functionality, then yes,you have reasons to worry. If you are host agnostic and use Google cloud just as a deployment target, then you shouldn't worry.

I'm not sure it's a realistic assumption to be able to use GCP without _any_ Google specific functionality. In an enterprise environment, even if you run your workloads on bare VMs, there are usually still things like networking, IAM, etc. that are Google specific. In my experience, there is no way to make all of your components completely cloud agnostic unless you heavily abstract everything using a 3rd party service in which case you might have just kicked the can down the road.

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#85

Post by Patrol8394 »

ransom1538 wrote: post #81
woeirua wrote: post #74

I'd be very nervous about being a GCP customer right now. Cloud services is hemorrhaging cash. How long before Google pulls the rug out from underneath a bunch of the services on GCP that aren't making money?

I tell people this all the time. I just get laughed out of a room. GOOGLE WILL SUNSET GCP. They don't work on it, they hate the product, the UI is terrible, they don't use it internally. It is 8 years? behind AWS. The GCP product is designed at scale to compete with AWS ($$) - there just isn't the customer base for 8 year old dying cloud infra. So they are throwing cash at this beast which has NO future. [I manage 30…

They could, but I don't think they will. They desperately need to build new revenue streams, as of now, most of the $$$ still come from ads/search.

Sunsetting GCP will immensely damage their reputation.

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#86

Post by czhu12 »

sschueller wrote: post #24

Yet they forced all Google workspace users that were grandfathered in free plans to start paying and are currently forcing grandfathered Google music (YouTube premium) family subscribers to eat a +50% price increase. Why would I stay with Google if my loyalty counts for nothing? Same goes for Netflix, if you aren't going to reward me being with you from day 1 why should I show you any loyalty? I will take full advant…

We don’t like it when a service is ad funded and we don’t like it when we have to pay for it also?

I think consumers have just come to expect investors to subsidize forever. It’s had a market distorting effect for too long

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#87

Post by munificent »

sschueller wrote: post #63
mark_l_watson wrote: post #43

Earlier quoted context omitted.

I didn’t even blink when I saw the cost of a family plan for YouTube+YouTube Music increase. My wife and I prefer YouTube Music to Apple Music (which we get from an Apple+ family plan) and we watch a lot on YouTube. I know that there are tools to block YouTube ads, but it seems more ethical to me to pay for something we use hours a day. Pardon some humor: I laugh when non-tech friends don’t want to pay for ad-free Yo…

I was paying 15 USD, it's 23 USD now. That's a huge increase. Also the ad volume on YouTube has dramatically increased.

> I was paying 15 USD, it's 23 USD now.

Have you looked the change in your grocery bills in that time? Prices are going up everywhere.

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#88

Post by hbn »

blibble wrote: post #53
hbn wrote: post #48

Earlier quoted context omitted.

Not every platform has an ad blocker or patched app solution.

android and ios do that leaves crappy settop boxes

iOS has an ad-free YouTube app? Or do you mean a Safari adblocker and then watching all your YouTube in Safari where the experience sucks? What if I want to AirPlay? What about Chromecast?

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#89

Post by woeirua »

ransom1538 wrote: post #81
woeirua wrote: post #74

I'd be very nervous about being a GCP customer right now. Cloud services is hemorrhaging cash. How long before Google pulls the rug out from underneath a bunch of the services on GCP that aren't making money?

I tell people this all the time. I just get laughed out of a room. GOOGLE WILL SUNSET GCP. They don't work on it, they hate the product, the UI is terrible, they don't use it internally. It is 8 years? behind AWS. The GCP product is designed at scale to compete with AWS ($$) - there just isn't the customer base for 8 year old dying cloud infra. So they are throwing cash at this beast which has NO future. [I manage 30…

I highly doubt that they would ever just sunset GCP entirely. That would be committing suicide. No company would ever trust them ever again for anything even remotely important.

However, they will absolutely shutdown some of the other value-add services like AI-as-a-service and some of these others that are probably not being heavily used.

Re: Google profits plummet 27 percent in Q3 2022 earnings report

#90

Post by [deleted] »

woeirua wrote: post #89
ransom1538 wrote: post #81

Earlier quoted context omitted.

I tell people this all the time. I just get laughed out of a room. GOOGLE WILL SUNSET GCP. They don't work on it, they hate the product, the UI is terrible, they don't use it internally. It is 8 years? behind AWS. The GCP product is designed at scale to compete with AWS ($$) - there just isn't the customer base for 8 year old dying cloud infra. So they are throwing cash at this beast which has NO future. [I manage 30…

I highly doubt that they would ever just sunset GCP entirely. That would be committing suicide. No company would ever trust them ever again for anything even remotely important. However, they will absolutely shutdown some of the other value-add services like AI-as-a-service and some of these others that are probably not being heavily used.

[deleted]
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