On the one hand, you have the CEO apparently all in on Gemini and subscriptions which should push for some kind of Office 365 "we don't care where you use it as long as you subscribe" and strong gestures towards their hardware partners.
On the other hand, you have Osterloh who won the tug of war and is now trying to turn the hardware division and Android into some kind of Apple vertically integrated machine like if he was still at Motorola while their SoC is lagging behind one to two generations and they don't seem to have the volume to sustain this kind of investment. Plus, they have regulatory pressure on the competition side from both the USA and the EU.
Google strategy is still as unreadable as ever. It's frankly a miracle this company is still standing. They are living testimony to the power of having a monopoly on a large market.
Interestingly I now view the Motorola acquisition as a massive mistake, not because of the assets, but because the culture it brought in is actively damaging to the overall company. It's so weird trying to emulate Apple exactly when the regulatory environment is focused on tearing down this model.