Earlier quoted context omitted.
I can see at least five entirely separate units with very little synergy: 1. Search + Maps 2. GSuite + Gmail 3. GCP 4. YouTube 5. Android + Chrome Each can probably support its own P&L sheet, other than perhaps the last (not sure about that one). Such a move would surely limit innovation (I can’t see these smaller entities doing things like mobile ASIC development, although if TPU is under Search it would continue),…
The only two of those I’m pretty sure could survive on their own is search and YouTube. Android and Chrome pretty much doesn’t have a business case. GCP might be big enough at this point, but is still just burning ad money. GSuite/GMail is again a maybe, but can it afford the infratructure? They would at least have to cribble the free tier.
GSuite is incredibly ubiquitous and has no free tier anymore (other than customers grandfathered in), and GMail can still do ads. I have no doubt they’ll be printing money, relatively speaking.