From search – everything else? Not so much.
Ben Brooks questions Google’s Tablet Strategy:
from Google’s Andy Rubin on the Nexus 7 tablet:
“When it gets sold through the Play store, there’s no margin,” Rubin said. “It just basically gets (sold) through.”
In other words: Google isn’t making a profit off the Nexus 7. I absolutely do not understand how shareholders continue to be OK with this mentality. Google now has several high-cost, low-reward, programs running that they are pissing away money on — let’s recap the ones I can think of:
- Google Glass
- Nexus 7
- Self-driving cars
- Space Elevator
Most of these projects can be found on this Wikipedia page. Perhaps I’ll look like a fool in ten years and Google will be rolling in cash from all these ventures, but more likely investors will be sitting back and wondering what the hell went wrong.