4 ms·
For this day, they can feel good, but this is a signal that Page is facing the fact that the search advertising business may have hit the limits of growth or ev
by gress 11y ago
For this day, they can feel good, but this is a signal that Page is facing the fact that the search advertising business may have hit the limits of growth or even be in jeopardy well before they've managed to develop another business.
If they were confident about continued revenue growth they wouldn't be feverishly worrying about the stock price.
They've shot themselves in the foot by reactively deflating other businesses they are afraid of to protect their cash cows rather than creating enough new value to replace it themselves.
- trhway 11y ago>For this day, they can feel good, but this is a signal that Page is facing the fact that the search advertising business may have hit the limits of growth or just a big one coming - the correction ("bust") is coming around next year, and thus advertising business will not grow until we are out of the correction several years down the road. So may be what Larry does is just that old "butten down the hatches", like some other companies are starting to do to.
- coliveira 11y agoGoogle has this rhetoric of creating new businesses, but the company is more than 15 years old and the best they did was to buy youtube. Android is a success story, but it exists only to protect advertisement revenue. Even Amazon has done better in diversifying on the technology space when they created AWS. I don't think Google has much investor credibility left in the sense of creating additional money generating businesses.