Google spent nearly $2.29 billion on data centers, servers and other infrastructure during its fiscal third quarter, the company reported as part of its earnings statement on Thursday. That’s up from $1.6 billion last quarter and $872 million in the third quarter of 2012.
There’s really not much to say that hasn’t been said before: investing in servers, data centers, fiber optic cables, wind farms and whatever it takes to run a mobile-device business costs money. What’s amazing in an era of doing business in the name of quarterly profits is that Google is willing to spend significantly more every quarter on investing for its future. Analysts and investors might not like it now, but they will in the end.
Take a look at just how much the company has picked up its spending in just the past several quarters.