As of this morning here are market caps for the largest tech companies: 1) MSFT - 970B 2) AMZN - 900B 3) AAPL - 832B 4) GOOG - 794B There is no reason why Google should be so far back, especially given their sizeable investments in so many future bets. Why are investors not rewarding Google the same way they are rewarding Amazon for playing the long game?
Too many failed products, search engine generates most of the cash
They don’t have any new successful products.
/puts on armchair economist spectacles Unlike the other three companies you listed Google’s longterm moonshot projects are usually technology oriented and not consumer or client oriented. What are the concrete financial plans for something like Fuschia OS?
My 2 cents - Google doesn’t have many profit making products besides search (Amazon and Facebook eating into it) and YouTube. They should charge a nominal fees for Android, spend more on marketing google cloud and google docs and hope self-driving car will help bottom line. Summary is, google needs more product mentality and marketing teams.
I believe they are ramping up heavily to push GCP. I don’t use gsuite other than the occasional gdoc but I see a lot of complaints
Google is failing due to lack of successful new businesses. Google hasn't shipped an organically created new business/product that is successful (1B+ income) in 15 years or so. Lots of cool stuff that goes nowhere and dies though. Lots of employees chasing prestige. Lack of business results. There's something broken in Google's culture to select and foster new good ideas.
I find it hard to imagine that investors are all for supplying ample perks to employees, which the top 3 companies above Google do not do. They simply care about their ROI. A happy employee doesn’t guarantee an ROI.
Lol. “Long term game”. Google’s only decent long term initiative is Waymo and it gets competitive fire from all the fronts. From all the Big Tech companies Google has the worst long term strategy. Show me one interesting long term initiative that has an impact on their core (90%) revenue (advertising)? Nothing. Same old. Basically trying to strengthen their iron grip on Search. Creating balloons that beam internet into poor villages is not “long term game”. At least not one that can justify higher valuations.
Google failed to monetize cloud & mobile in last decade. The above 3 companies didn’t.
Is Sundar our Balmer? When will he throw chairs? Next I/O?
Promo driven development. People can often be out of touch with users.
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Don’t you think Google had no original ideas in recent years? It keeps copying others’ ideas. Google’s market cap was stuck in the 2nd tier but never fell far. If it falls badly, Google may realize how to create new things again. #SmartestBrainWaste
Fuchsia