Google (GOOGL 0.79%) has reached all-time highs as it trades above the psychological $800 price level. In this video, Motley Fool contributor Steve Heller explains why a high price isn't the beginning of the end for Google. The company is uniquely positioned to benefit not only from the smartphone revolution, but also from increased demand for online advertising. Together, Steve believes these factors represent a one-two punch for long-term Google investors. Investors can also look forward to new innovations that have the potential of becoming game-changing businesses down the road.