Thursday, 29 July 2010

Google is a one-trick pony. But what a trick it is [WSJ]

Google has long been cast by Wall Street analysts and some tech
executives as a “one-trick pony” because it earns nearly all revenue
from one source–online ads. When asked for his response to that,
Google CEO Eric Schmidt said in an interview: “I think that’s probably
true.” He added: “But if you’ve got a one-trick pony, you want the one
we have. We’re in the ad business, and it’s growing rapidly. We picked
the right trick.”

http://blogs.wsj.com/digits/2010/07/28/eric-schmidt-on-google’s-next-tricks/

Posted via email from News: Noted

No comments:

Post a Comment