Quote to Note: Google about Android and Content
July 29, 2010
Here’s a quote to note. Today is July 29, 2010, and I don’t want this puppy to slip away. The story “Eric Schmidt on Google’s Next Tricks” is about Google’s dependence on advertising revenue. There is nothing wrong with billions of dollars. The problem is that Apple’s revenues are more diversified and Apple is moving into advertising. Google is jumping into hardware but in a Platonic manner. Google gives away Android and allows other companies to build hardware. Apple on the other hand gets its hands dirty with deals, hardware, software, and online services. So in terms of tricks, the Apple orchard has more diversity than Google’s patch.
Now here’s the quote to note:
“If we have a billion people using Android, you think we can’t make money from that?”
That’s a good question. The proof will be like Apple’s bushel basket full of revenue, earnings, and valuation. Google’s good, but a monoculture may be more vulnerable than diverse revenue streams that are up and flowing, not glimpsed in the mirror reflecting the horizon. Plato was not into money. Investors are the kinds of folks who say, “Show me the money.” Very un-Platonic in this goose’s opinion.
Stephen E Arnold, July 29, 2010
Freebie from the goose
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