Google (GOOG) Will Absolutely Not Sell An Ad On The Homepage
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Today, on Mad Money, Google (Nasdaq: GOOG) CEO Eric Schmidt said Google will absolutely not sell an ad on the homepage. Mr. Schmidt said Google could reap x number of billions if it sold ads on the homepage, but Google cares more about the end-user experience than just reaping short term profits.
Jim Cramer retorted back to Schmidt how does that sound to shareholders, to which Schmidt replied we are more concerned with 20 years down the road than tomorrow's profits.
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