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lab14 | on: Google Search is now less than half of Alphabet’s revenue
Isn't this good news because they're diversifying their streams?
theplumber | parent | next
Google really had developed only 2 good products(not including acquisitions such as YouTube): search and gmail. Their primary cow to milk has been search. The rest (I.e cloud compute) is not really a moat. I think we are facing a revolution/rotation where the these companies may start to become just “old businesses”(I.e IBM, AOL).
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dyauspitr | root | parent | next
That’s nonsense. What about Maps, Sheets, Android, Meet, Chrome, Cloud etc. I don’t even know how you can exclude YouTube. It’s basically something they’ve worked on for more than a decade at this point. The number of google products we all use on a daily basis is pretty stunning.
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mlmonkey | parent | next
It's not when it happens involuntarily :-D
loire280 | root | parent
Google has been extremely aggressive in growing its Cloud business in the last few years and has been offering big incentives to companies willing to switch from other providers. Looks like that's beginning to pay off as companies start to pay the unsubsidized bills.
1270018080 | parent | next
Their stock is down 13% today from this news and only up 2% over the last year.