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day to remember on wall street with shares hitting the $1,000 mark for the first time ever. i want to bring in rocco pendola. columnist for the street. google demolished expectations with its earning report. how did they do this? jake, first i want you to repeat after me. you don t have to worry about a shutdown at google. you really you don t have to worry about a shutdown at google. okay. there you go. fantastic. you said shutdown within the first five minutes of the show. yeah, they blew it away. you didn t get that, jake. come on. i didn t realize i violated you are so enamored with the $1,000 stock price like everybody else is. they re on fire. the reason why is because they re focused. they re more focused than yahoo! who does search, more focused than bing and more focused than apple, one of the greatest companies in the world that doesn t even do search. this means we make our money on advertising. that s all we care about. there is potential to make money in so
it go? to youtube. this rocking rio festival in brazil, they were live streaming the concert on youtube. i watched it for two and a half hours. great quality. i actually used chromecast, a little thing google put out so it s on my television set and i m watching this thing for two and a half hours. today i went to google to find something, i ended up on youtube. i watched one video, they hooked me, i watched about three more. so yes, they have fantastic content across all their platforms. youtube probably has the most potential right now and they re just skimming those advertising dollars. that s the thing. skimming that advertising money. they ll worry about other revenue slowly but surely. there s no stopping where they can go. lastly, rocco, let s say i don t own google stock and i don t think i do. should i buy some? or do you think buying it at $1,000 a share is a fool s errand? a lot of people say $1,000 a share, that s expensive and you really have to consider things like th
that. we have to live with that. but the reasons why we care are still there. i got a year left on my contract to my iphone 5. i want the 5s. they have done just enough to remain the best, to remain the most relevant, but we do need something new so they can remain long term dominant. but rocco, why no surprises? these big apple events never surprise us anymore. we basically know what they re going to present, but jobs didn t do that as you point out. he had the big reveal. why the end of the stage craft that worked so well? jake, you re spoiled. seriously. you re spoiled, i m spoiled. i mean, the guy is a once in a generation figure, you know? i mean, i said in an article today on the street, jobs spoiled us and now i just have to accept that tim cook is probably the best foster father i m ever going to have. and he will come up with something else. the pace is going to slow down because he is not a genius and
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