( present funding = ~1000 in GOOG and GOOGL )
I actually like google attributable to two causes: its “conglomerate-like” construct, in addition to its experimentation.
With main positions surrounding the tech trade from Google Search, to YouTube, to the Pixel Cellphone, to the Android OS, to the Google Nest, to Chromebooks, to Google Drive & Gmail and extra! There’s so many alternative areas within the tech area which Google both conquers (by way of Google Search which holds near 85% of search engine use in accordance with Statistica.
Google additionally owns the 2nd most used social media Youtube, in accordance with Statistica. Youtube maintains its place as “the place to go for long-form video watching.” DIY, its on YouTube. You want to study one thing? It is on Youtube. They make most of their Youtube cash by means of the promoting, but in addition they earn a living by means of Youtube Premium and Youtube TV. YouTube Premium is ready to revenue off of content material that hundreds of thousands make and simply have to present a fee to the creators slightly than utilizing funds earlier than making it like Netflix and different streamers should do for his or her content material.
YouTube TV offers Google the power to compete within the increasing streaming trade in opposition to giants reminiscent of Netflix and Disney. They’ve a built-out subscription mannequin which collects income month-to-month by means of its customers.
Google’s possession of Android, in addition to the Pixel cellphone {hardware} line offers them a vertical integration to be able to have a extra highly effective stance over the skills of their telephones. This offers them extra choices for provide chain administration and optimization in addition to they don;t should depend on one other firm for implementation of the {hardware} itself.
The Google Play Retailer can be one of many solely opponents to the App Retailer. It generated 10.34 billion in JUST Q3 of Final 12 months. A number of million have used the shop to be able to set up apps, in addition to many creators choose it to the app retailer, attributable to its extra lax guidelines on app necessities.
Chromebooks in addition to the Google Workspace are enormous revenue-generating segments that intertwine Google with training (as children at school are utilizing Chromebooks and Google Classroom) in addition to the skilled world. Whereas Chromebooks will not be extraordinarily highly effective machines, they tackle a marketplace for the individuals who merely need a easy pc that they’ll full easy on-line duties with. Google offered roughly 30 million Chromebooks in 2022 alone, exhibiting that demand is for certain nonetheless there.
Google has Google Workspace, a fierce competitor to Microsoft’s 365 (Workplace). Whereas Microsoft does conquer this product kind, Google does maintain a good quantity of market share and recognition in its Google Workspace (G Suite) product.
Google can be engaged on Flutter: an open-source UI software program growth equipment which is used to develop cross-platform purposes for Android, iOS, Linux, macOS, Home windows, Google Fuchsia, and the online from a single codebase.
Google additionally has a number of completely different speculative “moonshots” as they consult with them which furthers Google place as an “unconventional” firm which may use its revolutionary edge to cross opponents and conquer the industries during which it entails itself with.
Therefore, why I just like the GOOG and GOOGL inventory 🙂
