Wallstreet: Google is a one trick pony. lost $58 Billion in stock value.

daveswdavesw
Posted:
in General Discussion edited January 2014
Google's having difficulty earning revenue from its efforts in mobile.



Still just a one trick pony.











http://money.cnn.com/2010/07/07/mark...buzz/index.htm

Comments

  • Reply 1 of 2
    MarvinMarvin Posts: 15,448moderator
    I'm going to keep Googling (hmmm, that word is in Apple's dictionary and yet hmmm is not) for "Google is doomed" so it moves up the Google trends.



    Like Microsoft, I don't think they will be going anywhere although I do think people get tired of Google. Like you throw money at Ads and get no real return from them so people resort to spamming to get backlinks and they have no real tech support.



    The issue in China is likely their biggest problem right now. That country has some very odd culture over censorship and is a huge market so there's not much they can do.
  • Reply 2 of 2
    daveswdavesw Posts: 406member
    Definitely agree. Pulling out of china is one of the dumbest business moves ever.



    Pulling out of soon to be the largest market in the world is not smart.
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