This document discusses performance and cost analysis of modern public cloud services. It begins with an introduction to cloud computing and its advantages over traditional computing systems. The document then discusses several key factors for evaluating cloud service performance, including response time, throughput, elasticity, and bandwidth. It also discusses different cost models used by cloud providers, such as pay-per-use and subscription models. Finally, it compares the performance of major cloud providers like Amazon EC2, Microsoft Azure, and Google App Engine.