I hope you're right. I bought GOOG after the earnings pullback for a long term (5 year) hold. But their show this week was AWFUL. Gad, there are lots of great YouTube copies of Apple launches. The Google one had unmotivated, unexciting people, terrible feature presentations of products, sloppily dressed presenters who fumbled their lines, the same lousy lighting and room setup sweaty Steve Ballmer used for the win8/surface launch. Apple presentations come off like Disney meets D-Day.
I didn't listen to their earnings call. Perhaps if I had, I'd not have bought in. I'm putting them in for a 6-month reevaluation.