> How is Google developing new products an effective use of resources? Generally, new products means new revenue streams and new profit, preferably improved pr

> How is Google developing new products an effective use of resources? Generally, new products means new revenue streams and new profit, preferably improved profit margins. The complaint is that they can’t develop new products so are returning money to investors so investors can earn better returns. So that’s a sign of lack of innovation. I’d expect a company with the “worlds best programmers and AI” to be able to innovate and create new products. Google is showing they are just the new IBM, or worse, clear channel or some advertising company. Hopefully they can get leadership that has some new ideas other than giving their cash cow some vitamins. Apple and Microsoft get mentioned frequently as tech behemoths. They aren’t the height of innovation but they are still able to grow markets (Apple with AirPods and stuff and Microsoft with azure). Google should be cranking out new billion dollar products and inventing markets.