Most of the Google's mega acquisitions are long term. And Google indeed thinks long term. People were saying the same about Youtube in 2008. But look at YouTube

Most of the Google's mega acquisitions are long term. And Google indeed thinks long term. People were saying the same about Youtube in 2008. But look at YouTube now. I'm sure Android is helping Google's revenues rather than hurting. And Android is going to be game-changer in places like India/China. Imagine how much ad revenue Google will generate. Google beat MSFT with Android not AAPL.