Thursday, June 28, 2012

Where Does Google Make Money?

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.

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