20 Billion Reasons Alphabet's Moat Isn't as Big as It Seems
For years, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has had a dominant position across much of the internet.
Google Search has a monopoly in most of the developed world. YouTube is a the leading video-sharing platform. Its free web tools like Gmail, the Chrome web browser, and Google Maps also have a majority of market share and strengthen its online ecosystem, and its Android mobile operating system makes up one half of a duopoly in mobile software with Apple's (NASDAQ: AAPL) iOS.
With all those strengths, it seems like Alphabet has a significant economic moat, and that question is more pertinent than ever with the emergence of ChatGPT and chat-driven search, which prompted Alphabet to call a "code red" and rush its competing Bard AI, which was poorly received in its initial presentation.
Source Fool.com
