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If you give me a few billion dollars, I will build you a nice portfolio of services, too. What Google lacks is a large portfolio of services that actually make

If you give me a few billion dollars, I will build you a nice portfolio of services, too. What Google lacks is a large portfolio of services that actually make money. From a money making point of view, Google has Adwords.

JesseObrien 10y ago
They're working on it. There's no tried and true formula for succeeding as a business, we all know that. I'm not sure why the expectation from everyone is "well, they have BILLIONS, they should just be able to churn out more success shouldn't they?". http://www.investopedia.com/articles/markets/030416/googles-6-most-profitable-lines-business-googl.asp http://www.investopedia.com/articles/markets/030416/googles-...
- blowski 10y ago
  I agree that the article is stupid. No company is safe from Yahoo's fate. Given enough time, there is 100% certainty that all companies will suffer Yahoo's fate. That said, if they haven't diversified by the time the need for Google's search engine disappears, or if most people start to use the service without clicking on paid ads (e.g. because of adblockers), they will clearly have problems. "They're working on it" isn't the same as "they have it" when it comes to sources of revenue.
Thaxll 10y ago
You could say the same for Facebook, if facebook.com is no longer relevant Facebook dies they don't have anything else. The fact that Google has Search, #1 mobile platform + many other services is a good sign of diversity.
- jaredsohn 10y ago
  > if facebook.com is no longer relevant Facebook dies they don't have anything else Other than Instagram and WhatsApp.
- samfisher83 10y ago
  Android is kind of become like windows mobile. It is on a ton of devices. Its super popular in Asia and other countries, but they have morphed android to their own needs and at times don't have google products on there.
Jabbles 10y ago
https://abc.xyz/investor/pdf/20160630_alphabet_10Q.pdf https://abc.xyz/investor/pdf/20160630_alphabet_10Q.pdf Page 31 $2B per quarter from "other revenues", listed as "sales of digital content, apps and cloud offerings for enterprise, and sales of hardware". $2B per quarter would be a huge business in any other context. It's just that ads is so spectacularly successful.

JesseObrien 10y ago

They're working on it. There's no tried and true formula for succeeding as a business, we all know that. I'm not sure why the expectation from everyone is "well, they have BILLIONS, they should just be able to churn out more success shouldn't they?". http://www.investopedia.com/articles/markets/030416/googles-6-most-profitable-lines-business-googl.asp http://www.investopedia.com/articles/markets/030416/googles-...

blowski 10y ago
I agree that the article is stupid. No company is safe from Yahoo's fate. Given enough time, there is 100% certainty that all companies will suffer Yahoo's fate. That said, if they haven't diversified by the time the need for Google's search engine disappears, or if most people start to use the service without clicking on paid ads (e.g. because of adblockers), they will clearly have problems. "They're working on it" isn't the same as "they have it" when it comes to sources of revenue.

Thaxll 10y ago

You could say the same for Facebook, if facebook.com is no longer relevant Facebook dies they don't have anything else. The fact that Google has Search, #1 mobile platform + many other services is a good sign of diversity.

jaredsohn 10y ago
> if facebook.com is no longer relevant Facebook dies they don't have anything else Other than Instagram and WhatsApp.
samfisher83 10y ago
Android is kind of become like windows mobile. It is on a ton of devices. Its super popular in Asia and other countries, but they have morphed android to their own needs and at times don't have google products on there.

Jabbles 10y ago

https://abc.xyz/investor/pdf/20160630_alphabet_10Q.pdf https://abc.xyz/investor/pdf/20160630_alphabet_10Q.pdf Page 31 $2B per quarter from "other revenues", listed as "sales of digital content, apps and cloud offerings for enterprise, and sales of hardware". $2B per quarter would be a huge business in any other context. It's just that ads is so spectacularly successful.