Comment by slivym

They're not a charity. What do you want them to do? Hire $100Bn worth of engineers until their net income is 0? The possibly difficult truth at Google is that there's probably <1% of the company that is really essential to their monopolistic search business. The rest are either working on other projects which might be strategically interesting but not essential, or are working on the core product but not in a way that's driving business. Is it wrong for the management to say "We need to be efficiently investing shareholder capital" or for the market to be looking at Google and saying "We want your money spinning monopoly business please, not your eccentric other bets thanks".