How many actual companies manage to find a SECOND money printing opportunity that is not basically just their first one expanded a little?
Amazon maybe because AWS is not retail/logistics etc. Maybe Sony because they have (had) a decent sized film studio? Pretty much no one else.
No one wants to admit it, but economically a company with a decent position (like google) SHOULD ruthlessly cost cut, pump out dividends and leave research/innovation to nimble start ups. From a purely Dollar point of view, that is the correct approach...
Amazon maybe because AWS is not retail/logistics etc. Maybe Sony because they have (had) a decent sized film studio? Pretty much no one else.
No one wants to admit it, but economically a company with a decent position (like google) SHOULD ruthlessly cost cut, pump out dividends and leave research/innovation to nimble start ups. From a purely Dollar point of view, that is the correct approach...