while all you said is true, I, on the other hand, actually predict very grim future for google, considering they have failed in every attempt at monetization of their projects except search which is recently under pressure from facebook and the likes in mobile, and more importantly all the issues they have/will have regarding privacy in the future.
people are becoming more and more aware of their internet footprint, and thats gonna be cardinal for google, lets see how they adapt.
also worth mentioning is android oems who, except samsung, operate in red or barely break even, because of ever-falling android asp.
honestly, it beats me how can anyone predict bright future to any of android oems and google if things continue moving in this direction. i dont think 1% margin industries are meant to be.
but in terms of innovation, yeah, google has more chance at becoming skynet than apple, but under one condition, if they actually start making money from products they sell.
disclaimer, i dont consider people and their personal information products.