Example compound word: Schleifmaschinenverleih (word boundaries: Schleif'maschinen'verleih)
You begin with "Schl" which might suggest "Schleifer", then you delete "er", add "m", and if you're lucky, you get "Schleifmaschine".
"Schleifen" means to grind. "Maschine" means machine. So "Schleifmaschine" is grinding machine, and the disappearance of "en" is a grammatical artifact. "Verleih" means rental (as in a company that does rentals).
It's actually really frustrating. I absolutely love swiping, but it doesn't feel like it works very well with Swedish.
And I would guess this isn't even the proper way to handle German. The long words are just sequences of words not split by spaces when writing. In a parallel universe the German writing system would use spaces and the language wouldn't need to change a bit.
Words are features of writing systems, not of languages.
I still prefer regular keyboards so (desktop and laptop) -- not sure if that's related.