Nonsense. Google makes 97% of their revenue from search advertising, they can't make any money elsewhere and they even say so themselves. Everything else they do is to keep up appearances that they are a market leader, which is very far from reality.
Android is a junky iOS-knockoff operating system they pawn off for free because it can't be sold. This comapany can't produce a single product worth paying for other than search ads, and even that is going down the tube. Sure, maybe their shareholders have been fooled, but the paying consumer hasn't. Whether they admit it not, Google is in severe trouble if search advertising decreases even a few percent.
Everyone seems to have a crush on Google, but they are going to get fucked pretty badly long term unless they find some alternative, major, multi-billion dollar sources of revenue of which they've found zero so far. Self-driving cars maybe?