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decryptthis_NSA | 12 years ago
Looking at their press release, ad clicks increased by 23% over the last year and 4% over the last quarter. What are they going to do for the next quarter when search already looks like this http://www.searchenginejournal.com/wp-content/uploads/2011/1... and https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/28762... ? Add even more ads?
Google, as a company, desperately needs new sources of revenue, Google Search is already over-monetized. I wouldn't touch Google at current stock prices.
Edit: Turns out that most people do not even realize that they clicked on ads, given how similarly they are displayed. FTC warned them and others to distinguish results from ads http://www.bloomberg.com/news/2013-06-26/ftc-tells-google-le...
at-fates-hands|12 years ago
It seems like every time they try and branch out from search and monatize some of their products, they fail miserably and then the pundits jump on them and tell them they should just stick with what makes them money - search.
It's a nasty cycle they're in.
fear91|12 years ago
They'd be nothing.
All their existing products are copycat/published with the search leverage.
Imagine a rich kid who starts his own business. He thinks he's successful but it's his parents who feed him cash and make it easy for him. He never had to really fight for it.
It's the same with Google products - they can't fight for themselves, instead they rely on their daddy(search) to achieve success.
Now look at Apple or Samsung - they have many different products that are relatively successful. Meanwhile the big G only has one cow to milk - the search and they burden it with more and more ads with each quarter. They can't do it ad infinitum because too many people would run away from them. And it's not really improving, just abusing the previous success until it's still possible.
Larry Page should stop doing what he's doing. It's going to destroy this company sooner or later.
Does the stock price has to always rise? How much money do you really need? Just ignore cash and try to build something great, maybe then you will be able to truly innovate?