Google Inc (NASDAQ:GOOGL) is famous for its heavy investments and endeavors in diverse technological areas. It has left no domain untapped. While many experts and investors recently questioned Google Inc (NASDAQ:GOOGL) about its heavy investments in the areas which have no scope for the short term future, a few experts also think that having its finger in every pie is the single most important thing which makes the search engine giant relevant in the tech world of today.
In an article, Will Emerson said that many people think Google Inc (NASDAQ:GOOGL) Glass was a failure, but they fail to recognize the fact that Google Inc (NASDAQ:GOOGL) Glass was a trigger in the wearable explosion we are seeing today. The source said that Google is still relevant and it should keep on with its heavy investments and projects in the domains which have a massive scope in the future. For instance; Google Inc (NASDAQ:GOOGL) is working on healthcare projects like Genomics, blood tests, internet of things, connected systems. These projects and endeavors will payoff in the coming years and Google Inc (NASDAQ:GOOGL)’s product curve problem could be solved within months.
The source also mentioned the speculations about Google Inc (NASDAQ:GOOGL)’s declining market share in the search domain. Emerson thinks that even if Apple drops the search engine integration for Google Inc (NASDAQ:GOOGL) from its devices, Google Inc (NASDAQ:GOOGL) will get huge profits. It is currently paying 45% of the revenue it gets from Apple devices back to Apple. If Apple drops the deal with Google Inc (NASDAQ:GOOGL), this expense would be depleted.
Emerson thinks that Google Inc (NASDAQ:GOOGL) is still the king of search. No one can dethrone it from this seat and the company has a unique way to creating an open ecosystem which gives it a flexible area to operate in the market.
David Tepper’s Appaloosa Management owns around 600,000 Google Inc (NASDAQ:GOOGL) shares.
Suggested Articles:
Top Fast Food Franchises to Buy
Best Industries For Starting A Business
