Focus on Google

Eric Schmidt,CEO of Google(GOOG),has been reflecting on his firm's present and future.Cloud computing is a technological breakthrough,the bespectacled executive said.You don't have to worry about where anything is stored.Google doesn't focus on the short term movement of its stock price.It focuses on the huge opportunity that is before it:the automation of the advertising industry,which is a trillion dollar business.Google's ad technology is getting much better.Not much affected by macroeconomics,Google focuses on quality:fewer,more targeted ads.That's the secret of Google.You want to get those customers and leads right now,and that's what Google does,Mr.Schmidt said.