re: $GOOGL was $75 before Covid - $161B revenues, $34B net income, 13.97B shares

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They sell ads



Which is incredibly profitable.

At the core, is it any different than what Apple now does?

They haven't developed a legit, differentiated new product in over a decade.

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And ad spending has dropped significantly on other platforms (Facebook, Roku, Twitter, etc.) in the last few months. I see Google falling a little more before it bottoms out.