Google’s long-term future is of interest to investors again

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Investors often grow uneasy when companies invite them to consider the long term. Anything beyond the next three or four quarters can quickly stray into the speculative. In the tech industry, where large companies often need to plan and invest in projects that may not reach market for years, the tension between long-term strategies and short-term profits can often make for an uncomfortable tug-of-war.

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