zlacker

>>i13e+(OP)
It's been a while since they stopped innovating.

Although Google, Maps, Youtube are of daily use they are monetized exclusively by advertising which is annoying and hated by many. It has been many years since Google has launched an innovative new product.

I don't think ChatGPT will gain daily traction after this hype. Anyway we could say that MSFT and AMZN have demostrated more power to innovate with different business models (not only adv) and products.

The GOOG stock has a PE (Price/earning) of 23, while Coca cola 26. So the stock market expect higher growth from CocaCola than Google. Quite surprising.

- GOOGLE PE (23): https://www.macrotrends.net/stocks/charts/GOOGL/alphabet/pe-...

- COCA COLA PE (26): https://www.macrotrends.net/stocks/charts/KO/cocacola/pe-rat...

>>marcop+1a
>It has been many years since Google has launched an innovative new product.

I can say the exact same thing about countless other large companies: Facebook, Intel, Microsoft, Boeing, AMD, AT&T, I could go on and on. At some point, launching innovative new products isn't really that important for a company, when many people on the services that company provides.

>>midori+Tb1
Google used to be considered different from and better than all the companies you list (except Facebook). Being lumped together with those companies would have been seen as an insult to Google in the past.

>>nether+zf1
Times change, and companies grow and mature. Intel used to be a big innovator too, like when they decided making RAM wasn't the best strategy and decided to try making CPUs instead. They've come a long way since inventing the 4004.