Technology Question
Can an Android flop drive down Google's stock?
Asked by TexLex in
Technology
one year ago
Stocks referenced: GOOG
Answers
788 points
DaveDiggz answered one year ago …
Not at all...not a single dollar in revenue Google generates comes from mobile. The company serves online ads and that generates nearly ALL of its profit. An android "flop", meaning they discontinue the product, might actually make their stock go up (less cost = more profit).
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