The answer is simple: nobody outside of Google really understands their business model. It is a complex one, and requires a lot of serious analysis (which is what they do). Some cursory "analysis" by outsiders, and the knee-jerk reaction of "investors", doesn't tell you anything at all about the quality of the company and their long-term prospects.
Where Microsoft and Yahoo! Can Beat Google [View article]
Possibly... But you need to keep in mind that Google also has "awe inspiring resources". More, in fact. They are also better positioned to execute on exactly the same ideas. Don't think that Google can not also do those things.
I see MSFT attempts as tragic, and nothing good will come of it for anybody except Google.
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I see MSFT attempts as tragic, and nothing good will come of it for anybody except Google.
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