Sure you were going to buy Nest for 3.2 Billion. I bet you don't even have a 100 million in the bank.
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Google Acquiring Tony Fadell-Founded Nest for $3.2 Billion
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Sure you were going to buy Nest for 3.2 Billion. I bet you don't even have a 100 million in the bank.
Yeah, I think some are funny because they are part satire but still not too far from the truth.
HobeSoundDarryl
macrumors G5
While I love your Simpsons reference and read this is mainly tongue in cheek, isn't this the sci-fi stuff we all looked forward to?
How long till the EPA has access to home energy consumption records and you end up on the "green" bad list?
Why? Beacause home automation is supposedly the new big thing, like wearables? Or because Tony Fadell used to work at Apple? I could maybe agree if Google got it for cheap, but $3B? Seems ridiculous. Just because Apple is swimming in cash doesn't mean they should overpay for some company that has a "cool" product right now.
Damn Shame...
...I was very interested in getting the smoke sector. I thought it was a very nicely designed home appliance.
Will abstain now. I guess they have the moola to make a big purchase like this one. Will doubt that a return on that is achievable anytime in the next 3-5 years, but let's see what happens. Such a shame it's become another family member but great news for Tony F and their team.
...I was very interested in getting the smoke sector. I thought it was a very nicely designed home appliance.
Will abstain now. I guess they have the moola to make a big purchase like this one. Will doubt that a return on that is achievable anytime in the next 3-5 years, but let's see what happens. Such a shame it's become another family member but great news for Tony F and their team.
Nah google supports iOS well, many times the iOS apps are better for some godforsaken reason
I am in the same boat. Just in the last few days I have thought about the thermostat. Was very sad to see this as I really wanted one. Not now.
Nothing can convince me a smoke detector is worth $129.
Seriously if I bought one I would be embarrassed to explain to people why I paid 129 for a smoke detector.
You comments seem reasonable...but Google isn't known for making many stupid investments and losing bunches of money.
One presumes that they have some idea of what they're doing...although $3,2 BILLION does seem...ah...a bit excessive.
But then, that's why Google has lots of money, and I don't!
Two words: motorola mobile
DDD
i don't understand how these companies, worth billions at purchase, would ever profitable by creating very expensive gadgets supposed to replace cheap products
one can find a thermostat for less than $50 and a smoke detector for $10
the potential value of geek customers would never match this amount
You've never user either product obviously. My Nest thermostat paid for itself in 6 moths of energy savings.
You comments seem reasonable...but Google isn't known for making many stupid investments and losing bunches of money.
One presumes that they have some idea of what they're doing...although $3,2 BILLION does seem...ah...a bit excessive.
But then, that's why Google has lots of money, and I don't!
It does seem like a lot of money, but Google would have put their heads together and determined that this was worth it to them.
The question is, why is it worth that much to them? They must have plans for this internet enabled device in your homes.
i don't understand how these companies, worth billions at purchase, would ever profitable by creating very expensive gadgets supposed to replace cheap products
one can find a thermostat for less than $50 and a smoke detector for $10
the potential value of geek customers would never match this amount
A lot of tech/web companies these days are valued far above what their profits would suggest. Seems like another bubble, to be honest.
Thermostat for sale
I stopped using WAZE the day Google acquired it, I will now be looking for a thermostat alternative. Damn shame.
I stopped using WAZE the day Google acquired it, I will now be looking for a thermostat alternative. Damn shame.
"Potential" earnings. Reminds me of Wall Streets crazy valuation of Amazon - based on potential future earnings.
3.2 billion for a company that makes smoke detectors and thermostats? what's the worth of Honeywells thermostat and smoke detector division then? 300 billion?
Don't get me wrong, I have a Nest and it's great but 3 billion?
Don't get me wrong, I have a Nest and it's great but 3 billion?