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Originally Posted by mynameisjim
Didn't profit reports announced today show that Google's revenue declined. They showed an increase in profits because of cost cutting.
Everyone has so much faith in Google like they are secretly cooking up a master plan with all these ventures that don't make money. Truth is, they don't have a plan. They haven't innovated with ONE SINGLE PRODUCT. If they had a history of innovation, I would believe, but they don't.
Even with Youtube, they bought it, than sat around while hulu.com became the source for legit premium television and movie content. Now, several years later they just starting to announce (not do, announce) deals with big media company. Yep, Google sure is on the cutting edge...lol.
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Luckily for Google they can afford it, but it is wonderful to watch all the people here who think giving a product away is the right thing to do.
This says it all.
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Free is a great traffic generator, but its not really free when the traffic can't pay the bills.
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Except it could of said "When the traffic doesn't pay the bills.