Wave has not seen the user adoption we would have liked. Did Google believe that this was going to succeed as a consumer product, à la Facebook? Wave, as it exists today, is a great tool for corporate communications. With the right interfaces, integration, and extensions it could definitely displace Exchange and Lotus Notes. Eventually, as a protocol, it had the potential to transcend email. Maybe Google just hoped W…
So, what could appease almighty Wall Street better than this signal that Google is willing to kill a product, no matter how exciting, if it doesn't meet its bottom line?
In a way this is a really clever compromise, but taking such decisions may in fact hurt Google in the longer run by diluting its culture. Sometimes, the most promising of technologies is not economically promising in the shorter run, but who'll explain this to Wall Street?