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Showing posts with the label Stocks

Google: The One Trick Pony

Today's New York Times has an article about the frustration of Wall Street with Google . Frustration? How can that be?  Google is a "cash cow," racking in dollar after dollar via AdWords. But there is reason for frustration - a lot - because beneath the surface, Google is actually doing a very poor job as a company . The company has one, and only one, serious source of revenue: AdWords. And that revenue largely comes from the desktop. Other Attempts to Make Money: Not Working Other attempts by Google are not making money.  My favorite to kick: Google Glass.  No money there, and really no real traction for those silly glasses.  Or self-driving cars. We aren't even close to the age of the Jettisons! But what really really irks me is Google Places !  First it was Google Local, and then it was Google Places, and then it was Google+ Local, and now it's Google My Business.  Google has a GOLDEN opportunity with local to compete with the likes of Yelp - f...