First, Google is not leaving China, Google is actually the leader in Mobile Ads in China.
Second, there are other competitors in Mobile search in China: Tenscent, Microsoft, Alibaba (E-Commerce search), and other small players. Baidu is not a leader in Mobile search even excluding Google.
Qihu is not a big threat for Baidu for long term. But Baidu face long term competition in Mobile and Cloud computing from Tenscent, Alibaba, Google, Microsoft, Apple, they all have much much more cash than Baidu has, and they already have invested heavily in Mobile and Cloud computing a few years ago. For example, Google has invested at least $15 billion in Mobile (Android, AdMob, Mot etc).
Baidu already missed good chance to raise money from stock market, baidu should raise money by issuing new shares when BIDU was very bullish.
On Mobile and Cloud, baidu is doing too late and little.
PC is dead, more and more Chinese just using cell phone to get online and throw away PC.
Baidu is not Google. The winning internet companies in China is Tenscent and Alibaba but they are not trading in US.
Timing, Timing, and Timing... The business is about timing.
Tell you the truth, I know all the business on computer, mobile, and search etc... but it's too later. You can learn all those things about computers, search, mobile etc, but have no time to start a company to do all the business.
The war between BIDU and QIHU are just war fighting between two losers, there is no winner. These two losers just know to fight bitterly on a piece of dying business -- desktop search. These two losers don't know how to do new business of mobile search and ads.
Because of two losers are fighting in a almost dead business, the desktop search in China will be getting worse and worse.
And Motley Fools want to buy both. Stupid investors like Motley FOOLS know nothing. Motley FOOLS not sure BIDU and QIHU, which one will win. But I can tell you, BIDU and QIHU are all losers. Winners are Google, Alibaba, tenscent.
Motley FOOLS are just bagholders for those losers, don't know how to pick winners.
From Wall Street Journal, Sept 18:
"Yandex N.V. (NASDAQ:YNDX) will supply local information and power location-based searches for Apple’s (NASDAQ:AAPL) new iOS mapping platform in Russia, according to the Wall Street Journal. The top Russian search company will also provide a link to its own mapping application when users require more details about a subject. In its endeavors to sever all connections with Google Maps (NASDAQ:GOOG), Apple has chosen TomTom and perhaps AutoNavi Holdings (NASDAQ:AMAP) to supply iOS mapping data."
Apple is only partnering with YNDX in location and map business! Then BIDU bagholders immediately jumped into a assumed deal between Apple and Baidu in wide scale general mobile search partnership. As a matter of fact, apple did its own map for iPhone in China, and no plan for general search and mobile ads business partner.
Last year, BIDU bagholders were talking about Facebook, were desperately hoping Facebook could offer a deal to baidu so that BIDU stock price could go up.
Now Facebook is dying, BIDU bagholders such as Motley FOOLS, desperately asking helps from Apple, hoping Apple can offer a deal to baidu, and make Baidu rich. What a wet dream again.
One thing for sure, Baidu cannot make a good new product by itself. Baidu could make some money in desktop search in China, that's accidentally lucky thing ahppened to Baidu. Not any more!
Just like some BIDU bagholders waiting for Facebook announcement last year, this time, the announcement will never happen. Apple has no need a partner like Baidu. If Apple needs Baidu, apple would make the deal before apple made the deal with YNDX. Tenscent (QQ) has been apple's partner for many years, QQ is the most used instant messages service, Tenscent has a better mobile search engine than Baidu, Why does apple need to give up Tenscent?
Again Motley fools are lying
Tenscent is the best partner for Apple in China, Tenscent and Apple already partner for long time, no need for Apple to find a new partner.
Tenscent is traded in Hong Kong, not in US. The truth already there, but Americans don't know. So Motley Fools made up faked deal.
Motley Fools is lying, made faked deal, pumped BIDU stock to 115 and sell their shares to you. If you bought BIDU at 115 yesterday, you could sue Motley fool probably? If not, then you have to cut loss quickly.
1, Tenscent's instant message service (QQ) already widely used in iPhone. iPhone users use QQ to keep connected with their friends. QQ is the most popular instant message services. So tenscent already a good partner with Apple.
2, Tenscent has better mobile search, much more mobile market search share in China than Baidu.
3, tenscent is not making any phones and no plan to make any phone, Apple is much more comfortable to partner with tenscent than Baidu.
Motley Fools knew the truth, just deliberately lying to you.
YNDX made a deal with AAPL, but YNDX stock price going to no where.
And AAPL doesn't want to partner with any competitors, and since Baidu is making baidu YI stupid phone, baidu is the competitor for AAPL, so no deal between AAPL and BIDU, it's so no brainer. But BIDU bagholders just dreaming. even such a not so good news is actually faked rumor made by Motley fool.
Poor BIDU bagholders. Fund managers starting to sell Losers, BIDU is the big loser!