Hacker News new | past | comments | ask | show | jobs | submit login

GCP grew 35% last quarter , just saying ...



"just saying" things that are false.

Google Cloud grew 35% year over year, when comparing the 3 months ending September 30th 2024 with 2023.

https://abc.xyz/assets/94/93/52071fba4229a93331939f9bc31c/go... page 12


Isn't that the typical interpretation of what the parent comment said? How is it false?


I read parent comment "grew 35% last quarter" as (income on 2024-09-30) is 1.35 * (income on 2024-07-01)

The balance sheet shows (income on days from 2024-07-01 through 09-30) is 1.35 * (income on days from 2023-07-01 through 09-30)

These are different because with heavily handwavey math the first is growing 35% in a single quarter and the second is growing 35% annually (by comparing like-for-like quarters)


It's indeed the typical interpretation of what I've said. I could have written YOY growth but it's so common that that's what everyone means people many times omit it.


35% over 12 months != 35% over 3 months.


In the financial industry you almost always compare over 12 months (year over year growth) to avoid noise like seasonality. It's so prevalent I didn't think I need to explain it but yeah I meant GCP grew 35% YOY.


Great point, although 35% yoy is still impressive, and numbers they are surely pleased with


And AWS + Azure are 4.5x the size of GCP. AWS alone is 2.6x the size of GCP. So your point?


Not sure why you're comparing both AWS + Azure to GCP - did they become one company ? My point is GCP is growing very fast, AWS while being much bigger has slowed considerably to around 20% growth rate while GCP is at 35%. It has very good growth and many people seem to be adequately happy with it, in contrast to what many commenters here seem to think.


AWS is 2.5x the size of gcp. In fact AWS is growing faster than GCP based off of gross revenue added over last 12 months.

I used both azure and AWS to show that GCP has lost significant markshare because of its deprecation policy. Enterprises don’t trust GCP won’t deprecate their services.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: