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Motley Fool Hidden Gems Investing

A Burger Turnaround?

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 15 November 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

Sometimes in this business, you need to get your hands a little greasy. We go hands-on and one-on-one with Red Robin’s CEO to see what they’re cooking up. (00:21) Tim Beyers and Dylan Lewis discuss: - The stunning revelation that Apple earns 36% of Google search revenue from safari as part of their default agreement. - Target’s efficient quarter and product mix decisions for the holiday quarter. - Airbnb’s $200M acquisition ot AI company GamePlanner.AI (16:28) Ricky Mulvey talks with Red Robin CEO GJ Hart about how he’s trying to turn the 54-year-old burger chain into a premier fast casual dining destination. Companies discussed: GOOG, GOOGL, AAPL, TGT, ABNB, RRGB Host: Dylan Lewis Guests: Tim Beyers, Ricky Mulvey, GJ Hart Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Who says expert testimony isn't interesting?

0:07.0

Motley Full Money starts now. I'm Dylan Lewis and I'm joined over the airwaves by

0:13.4

my full analyst Tim Byers.

0:25.0

Tim has the Caffination train left the station?

0:28.0

It has and we are reaching the caboose stage.

0:32.0

I'm getting my caffeine injection.

0:34.8

Love it. We're going to need that energy because the antitrust battle between

0:38.9

Google and the Department of Justice rages on.

0:42.6

Tim, we don't always have really compelling, scintillating

0:46.7

expert testimony when it comes to antitrust cases

0:49.7

and the looks at some of these monopolistic businesses.

0:52.8

Not the case this week though.

0:54.3

We wound up hearing that Apple earns 36% of Google search

0:58.6

revenue from Safari as part of their default search

1:01.5

agreement when there was an expert testifying in the

1:04.6

trial this week. This seems like a meaningful and pretty attention-worthy piece of

1:11.6

news. For sure.

1:14.0

I mean, we found out from the expert witness here that Google pays Apple 36%.

1:22.0

Let me say that again. 36%. 36% of

1:25.0

of Safari search revenue that is extraordinary so you're paying over a third of

1:31.8

your revenue from Safari.

1:35.0

You know, for Google searches to Apple because Apple controls

...

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