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Not if they continue to expand non-web related businesses (automated cars).
by billmalarky 13y ago
Not if they continue to expand non-web related businesses (automated cars).
- dchuk 13y ago95% of Google's revenue comes from ads, and they're probably at least 5 years away from drawing revenue from their auto/robot projects.
- billmalarky 13y agoAre you suggesting that a company can't have current valuation based on speculated future returns?
- whoismua 13y agoThat makes for some great PR but that's about it. Ironically, the first casualty of lower earnings growth will be the side projects. Voting shares or not, shareholder holding $300 Billion will vote at least by selling some and that hurts employees, hiring and everything. Google is probably a decade from making money with its automated cars--if they are even any better than manufacturer's own system (everyone is working on it.) Will they spend $10 Billion or whatever it takes to build their own cars? License it? For how much and will they make a profit on it?