Comment by skeeter2020

The interesting macro view on what's happening is to compare a mature data center operation (specifically a commoditized one) with the utility business. The margins here, and in similar industries with big infra build-out costs (ex: rail) are quite small. Historically the businesses have not done well; I can't really imagine what happens when tech companies who've only ever known huge, juicy margins experience low single digit returns on billions of investment.