Who is the fool here? It's tough to say, as it all remains speculation. But Google has only proven very innovative in terms of introducing products that do no

Who is the fool here? It's tough to say, as it all remains speculation. But Google has only proven very innovative in terms of introducing products that do not generate revenue. It's success in search and e-mail have subsidized its many flops. And while it has ventured into some interesting long-term innovation (e.g., driverless cars), which is laudable, this is not the kind of innovation that investors seem to appreciate. Apple continues to churn out great devices, and I'm an ardent fan, but the bloom is off the rose regarding the success of the iPhone/iPad. Android phones continue to chip away at its market share, while iTunes is being chipped away at by Spotify/Pandora/Netflix/etc. I don't see a compelling reason to believe they can repeat the success that was the iPhone. If the rumor mill is to be believed, their greatest hope apparently lies in a watch -- and that makes me very queasy as a potential investor.