I'd have to disagree on the innovation point. Google continues to make dramatic improvements (imo) to many of their apps and services. As a developer building on Docs/Drive, I've seen that service continuously grow and expand, though much of the work remains below the waterline. Similarly, Maps, Now, Voice Search, Chrome, App Engine continue to be improved at a rate that outstrips what I'm used to at most other companies Google's size.
It's true that the visible feature changes have slowed significantly, but I'd attribute that more to the size and completeness of the existing products than anything else. It's also true that they aren't entering many new product lines, though for one thing I'm not sure that's something you'd lament and for another, I hear they've declared they won't be entering any new business that they expect to be below $1bn.
It's true that the visible feature changes have slowed significantly, but I'd attribute that more to the size and completeness of the existing products than anything else. It's also true that they aren't entering many new product lines, though for one thing I'm not sure that's something you'd lament and for another, I hear they've declared they won't be entering any new business that they expect to be below $1bn.