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Peter Rauhut
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I would like to personally thank Google for paying for my dinner tonight. Google Wallet worked like a dream.

I just successfully did things the hard way in VVVVVV

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The truth

Just realized that it's probably been a good 3 months since I looked at my backyard.

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A friend of mine reviewed Captain America: The First Avenger. It's got me pretty amped to go see it now.

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I kind of really want this shirt.

I wrote up some thoughts about some of the affect I see Google+ having on some other services. I was originally commenting on a posted question by +Stephen Johnson with this but I noticed how long it got. Let me know what you guys think.

In my personal opinion, Facebook will be heavily affected. I already know a lot of people who have switched over completely. +Mike Elgan wrote a pretty good article on Datamation that shows ways that you can use Google+ to communicate with Facebook without actually logging in to Facebook. This involved the use of targeting emails to either post on Facebook or be notified of interesting things that happen, as well as just sending emails with Google+ posts in them.

This would cause more traffic to come to Google+ just to see the posts that are made here. Eventually enough people would become aware of it and shift over. There will always be resistance, of course. But eventually enough traffic will have moved over that Facebook will become a ghost town. We can tell that wasn't really the original attempt, because some of the suggestions in the article involve using third party services. I feel that after a while though Facebook will take a significant hit.

I can't really say anything about Twitter, but I know celebrities are already enjoying posting to their fans here. So we may see an increase in celebrity activity toward Google+ in the future for communication, which would shift a lot of activity away from twitter as well. The celebrity involvement isn't even in a certain category either, we have actors like +Felicia Day and +Wil Wheaton as well as current CEO's like +Richard Branson and retired ones like +Tom Anderson coming over and talking about how much they enjoy using the service. +*****, +Christina Trapolino and some others are regularly posting tips and discussions about Google+ features and benefits.

Personally, I don't think that Google was targeting Facebook with this app. I think their intentions were more driven toward seamless integration of all of their products. They are doing that extremely well considering the number of offerings they have. The level of service that is being offered will definitely hit Facebook and Twitter, but it may also cause some concern to other large companies that have been migrating into cloud based or similar offerings. Apple might see a hit to the iPhone and iPad usage if a Google+ app isn't approved, as well as their Mac stores and iTunes. We've already seen what can be done with Chrome extensions, so that could cause more migration to Chrome instead of Safari and we haven't even seen what the APIs will do yet.

The same thing can be said about Microsoft. I think it was early last year that Steve Ballmer said that they were putting all of their chips into cloud computing. I haven't really heard much about any attempts from them to make a serious shift. WP7 will be threatened because it doesn't integrate with Google's cloud based services. Windows in general will be threatened as more people become aware of Chromebooks that can access this, as well as all of the other features Google is offering, without having to worry about viruses.

Google+ also has a lot of business application, and brands are sweating bullets waiting for access to their services. They want to be the first to take advantage of whatever it is Google will be offering. So there is a lot of push to move this direction for businesses as well.

The last point that I can think about at the moment is that it took Google 2 weeks to hit 10 million users. It took Facebook a year to hit half of that. Now I know that Facebook was more exclusive in the beginning, limiting itself to college students, but the benchmark that Facebook had 4 months after it opened to the public was still only at 12 million.

I saw reports early this week that Google+ was expecting to double in size by the end of the week. I don't think we will see that kind of growth for certain, since +Larry Page officially announced 10 million users today and the week only has a couple of days left, I wouldn't be surprised to see 100 million by the end of the year if Google leaves registration the way it is though. The major benefit of the current registration system though, is that since we have to invite people, we will first inform people about it ourselves, then we will explain it to them, and then we send the invite. It's word of mouth in it's ultimate form.

Sorry, I think I may be all over the place here, but these are my thoughts on the potential effect that Google+ could have on today's market, and I'm not even positive that this was the intent behind the product to begin with.

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This article is pretty awesome. It tells you some ways that you can switch over to G+ from Facebook without ever losing touch with your FB friends or having to login to FB.
+Mike Elgan is a fantastic writer and a great Google+ resource. This bit in particular made me just want to repeatedly high five him:

" can tell Facebook to notify you when someone posts something you may be interested in...

In the future, when you see an item from Facebook in your inbox you'd like to reply or respond to, make that response on Google+, not Facebook. Your friends who are not on Google+ will get the response as e-mail, with a link to the item and an invitation to join Google+."

A+ work, sir.

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Larry Page on Google's earnings and Google+ release.
We are in the middle of our quarterly earnings call right now. Here are the remarks I just gave. One key stat: Over 10M Google+ users!

Good afternoon everyone--thanks for joining us today

It’s exciting to be on the call today and to share directly with you the progress we have made in my first quarter as CEO

As you will have seen from our press release we had a great quarter--with revenue up by 32 per cent year on year and a new record for quarterly revenue at over $9 billion!

We have substantially increased our velocity and execution this quarter--a key goal of mine since taking over as CEO

It’s why I created a new, product focused management structure--with a clear leader responsible for each product area

This new management team is working together fabulously … and has already achieved a lot in just three months

First we launched Google+ to field trial invitation only

Our goal with Google+ is to make sharing on the web like sharing in real life, as well as to improve the overall Google experience
Circles let you choose with precision who you are sharing with. Not surprisingly this has been very well received, because in real life, we share different things with different people.
Hangouts allow for serendipitous interactions. Like in real life when you run into a few friends. It gives you seamless and fun multi user video and it’s really amazing!

Last quarter, we launched the +1 button in search results and ads--enabling users to recommend stuff they liked, and have those recommendations show up in the search results of people they know

This quarter, we released +1 buttons to the entire web, and many sites like Huffington Post, the Washington Post and Best Buy have added +1 buttons

Google+ is still only in field trial with limited access as we scale the system
Users have to be invited, sign up with a profile in order to use it

However, the growth on Google+ has been great--and I’m excited to release some new metrics for you today
Over 10M people have joined Google+
Great achievement for the team

There’s also a ton of activity
We are seeing over 1 billion items shared and received in a single day

Our +1 button is already all over the web
It’s being served 2.3 billion times a day

So while we have a lot of work still to do, we are really excited about our progress with Google+

Google+ is also a great example of another focus of mine--beautiful products that are simple and intuitive to use and was actually was one of the first products to contain our new visual redesign.

We also launched that beautiful, consistent and simpler design on our home page, Gmail and calendar with many more products soon to come.

Greater focus has also been another big feature for me this quarter--more wood behind fewer arrows

Last month, for example, we announced that we will be closing Google Health and Google PowerMeter

We’ve also done substantial internal work simplifying and streamlining our product lines

While much of that work has not yet become visible externally, I am very happy with our progress here

Focus and prioritization are crucial given our amazing opportunities

Indeed I see more opportunities for Google today than ever before

Because believe it or not we are still in the very early stages of what we want to do

Even in search … which we’ve been working on for 12 years there have never been more important changes to make
For example this quarter we launched a pilot that shows an author’s name and picture in the search results, making it easier for users to find things from authors they trust.

Of course when we started doing search, people thought we were crazy--they said there was no money to be made in search over and above a bit of banner advertising

Most new internet businesses have had the same criticism

Fast forward to today--it feels like we are watching the same movie again in slow motion

We have tremendous new businesses being viewed as “crazy”
We actually have a new metric to report of 550,000 Android Devices activated a day!
That’s a HUGE number even by Google’s standards
It’s the fastest growing browser
With over 160 million users

People rightly ask how we will monetize these businesses?

And of course I understand the need to balance the short term with the longer term needs because our revenues and growth serve as the engine that funds our innovation

But our emerging high usage products can generate huge new businesses for Google in the long run, just like search
And we have tons of experience monetizing successful products over time

Well run technology businesses with tremendous consumer usage make a lot of money over the long term

I think about our products in three separate categories

First, there is search and our ads products, the core driver of revenue for the company. Nikesh and Susan are going to talk more about ads later in the call

Next, we have products that are enjoying high consumer success--YouTube, Android and Chrome. We are investing in these in order to optimize their long-term success

Then we have our new products--Google+ and Commerce and Local. We are are investing in them to drive innovation and adoption

Overall, we are focused on long term absolute profit and growth, as we have always been--and I will continue the tight financial management we have had in the last two years, even as we are making significant investments in our future

I would like to finish on our people

Great companies are no greater than the efforts and ingenuity of their people

So continuing to hire the best, keeping them happy and well rewarded is crucial to our future

Many of you will be interested in hiring--whether we hired a few hundred more or less than you expected this quarter. But we will optimize headcount for the long term and the opportunities we see

So I’m happy with the investments we’ve made in people, though we’re probably even a little ahead of where we need to be with headcount growth at the edge of what is manageable now

It is easy to focus on things we do that are speculative (e.g., driverless cars) but we spend the vast majority of our resources on the core products. We may have a few small speculative projects happening at any given time, but we’re very careful stewards of shareholder money -- we’re not betting the farm on this stuff.

All of us at Google want to create services that people across the world use twice a day … just like a toothbrush!

And we strive to make those services beautiful, simple and easy to use

That way we can provide huge benefit to the world

We have made a good start but we are at only 1 per cent of what’s possible … Google is just getting started … and that is why I am here--working hard to lead this company to the next level
Thank You. And again, we had a great quarter.
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