Google also has had 2 consecutive negative FCF quarters. It is clear that the management do not have a handle over this transition. The expenditure has no reason to stop, and their earnings are not going to balloon thrice over the next 4 quarters.
Let alone the debt. It has tripled over the year, and at this pace, servicing debt will become a huge cost.
Let alone the debt. It has tripled over the year, and at this pace, servicing debt will become a huge cost.