GOOG losing market share:

Quote from capmac:

Google's share of U.S. search market dips in July

By Ben Charny, MarketWatch
Last Update: 6:28 PM ET Aug 18, 2006


SAN FRANCISCO (MarketWatch) -- Google Inc.'s share of the U.S. Internet search market dipped a full percentage point in July when compared to June's total, according to research released Friday by comScore Networks Inc.

http://www.marketwatch.com/News/Sto...8043E9}&source=blq/yhoo&dist=yhoo&siteid=yhoo

Sigh.

GOOG is not a "search" company.

GOOG is the world's largest supercomputer...
Custom designed from scratch to provide average people FREE thin client applications over the web...
And then make money off ads.

The FREE software can be anything...
Search, email, maps, word processing, social networks, ANYTHING.

The world's ** cheapest computing power ** is the competitive advantage...
That can be leveraged to gain market share and charge for ads.

Within a few years...
The ** average person ** will not need
computer with hard drive, Windows, MS Office, anti-virus, firewalls, etc...
Just a $200 appliance that plugs into GOOG's supercomputer over the Web.

That is GOOG's Master plan... a PARADIGM SHIFT...

And that's why it trades at $377...
And has little to do with "search".
The "search business" is probably worth < $50/share.
 
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