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Yeah the number of people who seem to forget that Google is among the most profitable companies on the planet both in absolute numbers and in terms of margin is
by UncleMeat 4y ago
Yeah the number of people who seem to forget that Google is among the most profitable companies on the planet both in absolute numbers and in terms of margin is wild.
Yes, Google's revenue and income growth rates aren't stratospheric like they used to be. It seems to have more competition for core products than in the past. But like, it makes an absolute shitload of money.
- _8j50 4y agoFor now!
- UncleMeat 4y agoPeople have been saying this for years. Maybe it'll happen and Sundar will go down in history as a disaster, but its not there yet.
- _8j50 4y agoI don't think he will be a disaster, steve ballmer wasn't . The concern is it will be mediocre. Profits but just enough to make investors happy in the short term. You can be very profitable and not be #1 or a leader. And keep in mind, google's winning strategy has been to overhire and drain the talent pool from its competition. Laying off people to follow a trend is utter incompetence when those people are your ultimate winning strategy.