What Wall Street isn't telling you about Google

[tangor]

Alphabet, Google’s parent company, has made the front page with its latest financials – overtaking Apple as the world’s most valuable public company. But size isn’t everything.

The numbers illustrate the nature of Alphabet’s grip over digital trade – with Alphabet really controlling the price of transactions, and what value means in the digital economy.

The digital economy hasn’t matured into a vibrant transactions-based marketplace with wholesale markets behind them. Compared to the real world, digital is over-dependent on advertising, and here Google is not merely king, but several ranks of knights and barons below the king too. (Last summer Google became the “legacy internet” part of the Alphabet operation. Yes, that takes some getting used to).

[theregister.co.uk...]

Commentary on the Black Box and G's ability to set revenue

[Shepherd]

Google is not merely king, but several ranks of knights and barons below the king too.

Too funny, and all the Knights and Barons are listed here:

[gv.com...]

[superclown2]

Despite all their efforts to diversify they are still a one-trick pony. When someone builds a better mousetrap (and markets it intelligently) they could fall. Spectacularly.