Honestly, I'd say that google is...
I mean...they make smartphones now, how does that make sense beyond "well, we locked a bunch of geeks in a room, and they thought this would be cool...so we did it!".
Or howabout google books? Or all the dark fibre they purchased...or the google datacenter in a shipping container things? Perhaps my vision is skewed as an outsider looking in, but google seems to make a lot of really cool things.
They seem to adhere to the "innovate now, monetize later" model, which is really cool.