Re:Alphabet slides 5% after missing earnings expectations on...
by coldtea on Friday April 22, 2016 @07:07AM
(#11548279)
>How long did it take for Google to really start printing money? 5? Maybe 10 years? Think of those projects now not wildly profitable as the seeds of new, profitable businesses down the road.
What projects? The self driving car? The traditional car companies (that also work on that), Tesla, the Chinese, and even Apple who's verified to be working on such a project can possibly all kill them on that market.
What else of importance is there? Their AWS competitor?
Re:Alphabet slides 5% after missing earnings expectations on...
by toomuchtodo on Friday April 22, 2016 @01:19PM
(#11550745)
> What else of importance is there? Their AWS competitor?
Google Fiber. Note how profitable that is for Comcast as a monopoly. I'm confident Google can still reap double digit margins while keeping costs down for Google Fiber users through their knowledge of network management.
Re:Alphabet slides 5% after missing earnings expectations on...
by runamok on Friday April 22, 2016 @10:40AM
(#11549521)
Note they were granted some patents re: self driving cars. http://www.tomsguide.com/us/google-driverless-car-patent-usp...
Short term thinking, that's the problem with the equities market.