Signed orders a company has not yet delivered or billed. It is a promise of future revenue, not revenue.
在手订单
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| $561bn | AI's bill is now paid with borrowed money 在手订单 · 第 8 张术语卡 | Google Cloud $561bn, Microsoft $677bn, Amazon about $578bn. 在手订单是资本开支的对手方证据：有订单才敢建数据中心。但要追问两件事——订单在多长时间内确认收入，以及取消条款有多松。订单再大，如果客户能随时退出，也只是意向。 |
| $496bn | The AI boom's real bill arrives in the depreciation line 在手订单 · 第 7 张术语卡 | AWS carried $496 billion at the end of June, roughly 2.9 years of its annualised run rate. 读在手订单要问三件事：期限多长、毛利多少、集中度多高。一份十年期、毛利很薄、客户只有两家的订单，和一份三年期、分散在几百家客户的订单，数字可能一样，含义完全不同。亚马逊对这三项都没披露。 |
“Google Cloud $561bn, Microsoft $677bn, Amazon about $578bn.”
“AWS carried $496 billion at the end of June, roughly 2.9 years of its annualised run rate.”