Apple also borrowed money - pre AI when it had plenty of cash, have you checked Google’s last year earnings and cash on hand?

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a day ago | parent | next [-]

[deleted]

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bdangubic a day ago | parent | prev [-]

> all except Amazon are spending money out of their own revenues.

so apple and google and amazon and…? :)

earnings and cash on hand are not relevant, they are all borrowing like crazy to fund the ai

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raw_anon_1111 a day ago | parent [-]

Apple was borrowing like crazy before AI. How much money do you think Apple is spending on AI aside from the $1 billion they are paying for Gemini? That’s less than 1% of their profit and hell that’s less than 5% of what Google pays them.

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bdangubic 17 hours ago | parent [-]

I didn’t think we debating whether or not they are spending but whether they are borrowing (you said only amazon is) - and they are borrowing, not just amazon

	▲	raw_anon_1111 9 hours ago \| parent [-]
		I’m saying only Amazon is borrowing because it doesn’t have the cashflow to fund its expenditures. Apple wasn’t borrowing to spend money in 2018…