Apple Could Become Google's Biggest Cloud Customer

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Apple Could Become Google's Biggest Cloud Customer

Motley Fool2021-07-02

Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...

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TiggerK
·2021-07-05
I guess Apple is just choosing the cheapest option now.
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Jemsen
·2021-07-04
This is interesting…
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4
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- JFK23:
  Buy before it run up to 148
  2021-08-03
  Reply
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CLT224
·2021-07-04
In the clouds
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- Peskythumbs:
  ok
  2021-07-04
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keaty
·2021-07-04
Look who is winning the cloud's market??
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1
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sylarspock
·2021-07-03
$Apple(AAPL)$makes more sense to outsource this honestly
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4
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Yee031
·2021-07-03
??
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1
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Eric7272
·2021-07-03
Bravo
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2
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- Angelagurl:
  Okays
  2021-07-05
  Reply
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Rachaaaeeel
·2021-07-03
Good read [Smile]
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3
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Venus888
·2021-07-03
Good apple, hoping for the $145 soon
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1
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- uschong:
  coin
  2021-07-03
  Reply
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- Kc48:
  Ok
  2021-07-03
  Reply
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Kellylohlim
·2021-07-03
I love apple
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YangXH
·2021-07-03
Like
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1
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- sylarspock:
  Liked and commenTed
  2021-07-03
  Reply
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Twt123456
·2021-07-03
Good
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2
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hansenwxz
·2021-07-03
Wow
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5
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tong888
·2021-07-03
Like
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4
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MikeSeah
·2021-07-03
Like
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1
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- tong888:
  like
  2021-07-03
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enjianken
·2021-07-02
Ok.
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NPC69
·2021-07-02
Like.
Reply
6
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ils
·2021-07-02
I thought apple is using azure ?
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4
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Venkisakthi
·2021-07-02
Amazon cloud would miss a big customer
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7
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Rustyx
·2021-07-02
Please like
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8
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- SKLow:
  [微笑]
  2021-07-02
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- SKLow:
  like and comment back pls.tq
  2021-07-02
  Reply
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- GabrielS:
  help
  like pls
  2021-07-02
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOOG","symbol_name":"谷歌","start_time":0,"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","article_id":"2148803897","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","pubTimestamp":1625236211,"columns":[],"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Apple could increase its spending on Google Cloud by 50% this year.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","AAPL":"苹果"},"translate_title":"苹果可能成为谷歌最大的云计算客户","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9,"GOOG":0.9,"GOOGL":0.9},"content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":155275483,"gmtCreate":1625443076642,"gmtModify":1703741662646,"author":{"id":"3580189073891868","authorId":"3580189073891868","name":"TiggerK","avatar":"https://static.tigerbbs.com/4471b3e8a634b11cbbcc86da0445aa26","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3580189073891868","authorIdStr":"3580189073891868"},"htmlText":"I guess Apple is just choosing the cheapest option now.","listText":"I guess Apple is just choosing the cheapest option now.","text":"I guess Apple is just choosing the cheapest option now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155275483","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":155933386,"gmtCreate":1625367891445,"gmtModify":1703740852209,"author":{"id":"3577261415989534","authorId":"3577261415989534","name":"Jemsen","avatar":"https://static.tigerbbs.com/553066cd973a9e94725cc89bdc0ad0f9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577261415989534","authorIdStr":"3577261415989534"},"htmlText":"This is interesting…","listText":"This is interesting…","text":"This is interesting…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155933386","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410205,"gmtCreate":1627960654176,"gmtModify":1663231854443,"authorId":3577142139469832,"author":{"id":3577142139469832,"idStr":"3577142139469832","authorId":3577142139469832,"name":"JFK23","avatar":"https://static.tigerbbs.com/6bdaa6cc4eddbc577da598bd89525cf0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":155933386,"type":1,"supId":0,"prevId":0,"content":"Buy before it run up to 148","text":"Buy before it run up to 148","html":"Buy before it run up to 148"}],"langContent":"EN"},{"id":155071322,"gmtCreate":1625366223466,"gmtModify":1703740812156,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"htmlText":"In the clouds","listText":"In the clouds","text":"In the clouds","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155071322","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5120206,"gmtCreate":1625408205341,"gmtModify":1663230518131,"authorId":3561728795184169,"author":{"id":3561728795184169,"idStr":"3561728795184169","authorId":3561728795184169,"name":"Peskythumbs","avatar":"https://static.tigerbbs.com/93a66141406a539311db18c13b9bd688","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":155071322,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":155024053,"gmtCreate":1625364848672,"gmtModify":1703740778152,"author":{"id":"3578631759891221","authorId":"3578631759891221","name":"keaty","avatar":"https://static.tigerbbs.com/bcf9d00e41b755619a4b4c3eb6f05541","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3578631759891221","authorIdStr":"3578631759891221"},"htmlText":"Look who is winning the cloud's market??","listText":"Look who is winning the cloud's market??","text":"Look who is winning the cloud's market??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155024053","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152883946,"gmtCreate":1625280711085,"gmtModify":1703739895640,"author":{"id":"3582677817626222","authorId":"3582677817626222","name":"sylarspock","avatar":"https://static.tigerbbs.com/af2ee7f5466dab8465d661a72c047672","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582677817626222","authorIdStr":"3582677817626222"},"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>makes more sense to outsource this honestly&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>makes more sense to outsource this honestly&nbsp;","text":"$Apple(AAPL)$makes more sense to outsource this honestly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152883946","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152122799,"gmtCreate":1625277153811,"gmtModify":1703739784468,"author":{"id":"3572432342036164","authorId":"3572432342036164","name":"Yee031","avatar":"https://static.tigerbbs.com/3631539a3e1645a11d555aea82fd5882","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3572432342036164","authorIdStr":"3572432342036164"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152122799","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152192333,"gmtCreate":1625274450822,"gmtModify":1703739713428,"author":{"id":"4087896269215710","authorId":"4087896269215710","name":"Eric7272","avatar":"https://static.tigerbbs.com/c64722cc3d2ba5d2ac05197f49e04262","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4087896269215710","authorIdStr":"4087896269215710"},"htmlText":"Bravo&nbsp;","listText":"Bravo&nbsp;","text":"Bravo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152192333","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5121444,"gmtCreate":1625437014512,"gmtModify":1663230522928,"authorId":3583982143236135,"author":{"id":3583982143236135,"idStr":"3583982143236135","authorId":3583982143236135,"name":"Angelagurl","avatar":"https://static.tigerbbs.com/7a846cc2f94b03a16411fa9df8f8c9c2","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":152192333,"type":1,"supId":0,"prevId":0,"content":"Okays","text":"Okays","html":"Okays"}],"langContent":"EN"},{"id":152101188,"gmtCreate":1625273722944,"gmtModify":1703739694239,"author":{"id":"3585103044469370","authorId":"3585103044469370","name":"Rachaaaeeel","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585103044469370","authorIdStr":"3585103044469370"},"htmlText":"Good read [Smile]&nbsp;","listText":"Good read [Smile]&nbsp;","text":"Good read [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152101188","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152342954,"gmtCreate":1625272822878,"gmtModify":1703739670015,"author":{"id":"3572313172431959","authorId":"3572313172431959","name":"Venus888","avatar":"https://static.tigerbbs.com/2eb10c539f367e4d8f1ae8ddf081bfdf","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3572313172431959","authorIdStr":"3572313172431959"},"htmlText":"Good apple, hoping for the $145 soon","listText":"Good apple, hoping for the $145 soon","text":"Good apple, hoping for the $145 soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/152342954","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5109423,"gmtCreate":1625278883310,"gmtModify":1663230469742,"authorId":3585015469267636,"author":{"id":3585015469267636,"idStr":"3585015469267636","authorId":3585015469267636,"name":"uschong","avatar":"https://static.tigerbbs.com/634115799746654a314479a46000d780","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":152342954,"type":1,"supId":5108543,"prevId":0,"content":"coin","text":"coin","html":"coin"},{"id":5108543,"gmtCreate":1625274055756,"gmtModify":1663230462349,"authorId":3582943967323128,"author":{"id":3582943967323128,"idStr":"3582943967323128","authorId":3582943967323128,"name":"Kc48","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":152342954,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":152328016,"gmtCreate":1625271640135,"gmtModify":1703739638069,"author":{"id":"3581138043388789","authorId":"3581138043388789","name":"Kellylohlim","avatar":"https://static.tigerbbs.com/891f4bb8aa970c80dd0512db60d4c321","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581138043388789","authorIdStr":"3581138043388789"},"htmlText":"I love apple","listText":"I love apple","text":"I love apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152328016","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152308631,"gmtCreate":1625268384423,"gmtModify":1703739552336,"author":{"id":"3586332417338594","authorId":"3586332417338594","name":"YangXH","avatar":"https://static.tigerbbs.com/2da16ba61657b694381bbd12971282c6","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3586332417338594","authorIdStr":"3586332417338594"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152308631","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5109726,"gmtCreate":1625280736309,"gmtModify":1663230466740,"authorId":3582677817626222,"author":{"id":3582677817626222,"idStr":"3582677817626222","authorId":3582677817626222,"name":"sylarspock","avatar":"https://static.tigerbbs.com/af2ee7f5466dab8465d661a72c047672","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":152308631,"type":1,"supId":0,"prevId":0,"content":"Liked and commenTed","text":"Liked and commenTed","html":"Liked and commenTed"}],"langContent":"EN"},{"id":152910110,"gmtCreate":1625255917830,"gmtModify":1703739449547,"author":{"id":"3573795536583063","authorId":"3573795536583063","name":"Twt123456","avatar":"https://static.tigerbbs.com/1267bb7ee9f48639acfe67a82ff3fb49","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573795536583063","authorIdStr":"3573795536583063"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152910110","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152054997,"gmtCreate":1625244588919,"gmtModify":1703739377469,"author":{"id":"3578629838146795","authorId":"3578629838146795","name":"hansenwxz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3578629838146795","authorIdStr":"3578629838146795"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152054997","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152059766,"gmtCreate":1625243877755,"gmtModify":1703739368213,"author":{"id":"3583232600752361","authorId":"3583232600752361","name":"tong888","avatar":"https://static.tigerbbs.com/1dd1d9315f9fad2a22ecdece79efd15e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583232600752361","authorIdStr":"3583232600752361"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152059766","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152021763,"gmtCreate":1625243200952,"gmtModify":1703739356113,"author":{"id":"4087643331353810","authorId":"4087643331353810","name":"MikeSeah","avatar":"https://static.tigerbbs.com/af89cc80b93afeea040648878fda3a52","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4087643331353810","authorIdStr":"4087643331353810"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152021763","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5106089,"gmtCreate":1625243858042,"gmtModify":1663230450337,"authorId":3583232600752361,"author":{"id":3583232600752361,"idStr":"3583232600752361","authorId":3583232600752361,"name":"tong888","avatar":"https://static.tigerbbs.com/1dd1d9315f9fad2a22ecdece79efd15e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":152021763,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"EN"},{"id":156770075,"gmtCreate":1625238618397,"gmtModify":1703739248109,"author":{"id":"3579061754183720","authorId":"3579061754183720","name":"enjianken","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579061754183720","authorIdStr":"3579061754183720"},"htmlText":"Ok.&nbsp;","listText":"Ok.&nbsp;","text":"Ok.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156770075","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156746281,"gmtCreate":1625238469443,"gmtModify":1703739241969,"author":{"id":"3584779133668268","authorId":"3584779133668268","name":"NPC69","avatar":"https://static.tigerbbs.com/47e7ac55312ae8dd1c9e7cb92adad089","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3584779133668268","authorIdStr":"3584779133668268"},"htmlText":"Like.&nbsp;","listText":"Like.&nbsp;","text":"Like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156746281","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156741040,"gmtCreate":1625238380680,"gmtModify":1703739238468,"author":{"id":"3568890919326854","authorId":"3568890919326854","name":"ils","avatar":"https://static.tigerbbs.com/6a72854f276a4356cfa05e00cab8f047","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3568890919326854","authorIdStr":"3568890919326854"},"htmlText":"I thought apple is using azure ?","listText":"I thought apple is using azure ?","text":"I thought apple is using azure ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156741040","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156764523,"gmtCreate":1625237378962,"gmtModify":1703739204800,"author":{"id":"3585780555170064","authorId":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585780555170064","authorIdStr":"3585780555170064"},"htmlText":"Amazon cloud would miss a big customer","listText":"Amazon cloud would miss a big customer","text":"Amazon cloud would miss a big customer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156764523","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156765862,"gmtCreate":1625237336956,"gmtModify":1703739202497,"author":{"id":"3582065337930537","authorId":"3582065337930537","name":"Rustyx","avatar":"https://static.tigerbbs.com/8289642873b5ec03fda36cf3e70cea6d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582065337930537","authorIdStr":"3582065337930537"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/156765862","repostId":2148803897,"repostType":4,"repost":{"id":"2148803897","kind":"highlight","pubTimestamp":1625236211,"share":"https://ttm.financial/m/news/2148803897?lang=&edition=fundamental","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5105049,"gmtCreate":1625237858920,"gmtModify":1663230444837,"authorId":3582927789816025,"author":{"id":3582927789816025,"idStr":"3582927789816025","authorId":3582927789816025,"name":"SKLow","avatar":"https://static.tigerbbs.com/b3aeaabd2ee1ec9afcdda5a4aab1994c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156765862,"type":1,"supId":5105043,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"},{"id":5105043,"gmtCreate":1625237848270,"gmtModify":1663230444637,"authorId":3582927789816025,"author":{"id":3582927789816025,"idStr":"3582927789816025","authorId":3582927789816025,"name":"SKLow","avatar":"https://static.tigerbbs.com/b3aeaabd2ee1ec9afcdda5a4aab1994c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156765862,"type":1,"supId":0,"prevId":0,"content":"like and comment back pls.tq","text":"like and comment back pls.tq","html":"like and comment back pls.tq"},{"id":5104944,"gmtCreate":1625237429546,"gmtModify":1663230444461,"authorId":3576079681958199,"author":{"id":3576079681958199,"idStr":"3576079681958199","authorId":3576079681958199,"name":"GabrielS","avatar":"https://static.tigerbbs.com/db2b1d5dba73d167a691afddd6986348","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156765862,"type":1,"supId":0,"prevId":0,"content":"help\n<br>like pls","text":"help\n<br>like pls","html":"help\n<br>like pls"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":116,"commentSize":27,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}