Google Formula For Adding New Products
gpmac writes "Google executives attempted to demystify the search company's product decisions during presentations with Wall Street analysts on Wednesday.
As Google Inc. has moved beyond Web search and into product areas as diverse as e-mail, photo-organizing software and mapping tools, one of the common questions for the company is how it decides where to devote resources.
Looks like they are being a little more serious about it than their pigeon story would indicate."
Somewhat related to the topic of google's continued expansion into new product areas -- how does google make money?
I love the company, and I hope they continue doing what they are doing, but looking at their stock I get unpleasant flashbacks to the tech bubble of the late 90's, where companies with high coolness factor but low profits had skyrocketing stocks. Are ads and 'google appliance' sales enough to drive the $189 per-share stock price?