Google's stock price had an impressive growth in the past two weeks and, for the first time, GOOG was traded at more than $600, closing the day at $609.62.
"The shares have increased more than sevenfold from their initial public offering price of $85, bringing the nine-year-old company's market value to $190 billion - eclipsing bigger, more mature businesses like Wal-Mart Stores Inc., Coca-Cola Co., Hewlett-Packard Co. and IBM Corp. It took 10 1/2 months for Google's stock to leap from $500 to $600 and more than a year for the journey from $400 to $500. The shares hurdled $300 in June 2005 after passing the $100 and $200 thresholds in 2004," writes AP.
Google didn't launch a lot of exciting products lately, so it's difficult to give an explanation for this sudden optimism. "Google stands to benefit because it runs the largest advertising network on the world's hottest marketing medium, the Internet," wrote AP in September. Google wants to extend its dominance in the mobile space, that's why it launched a mobile version of AdSense and ads for Google Mobile Search. A Google Phone that comes with an operating system and software produced by Google could make rich web applications more accessible and increase Google's ad revenues. Coupling this with Google's plans in the social space and collaborative software, the future sounds promising.
Labels
Web Search
Gmail
Google Docs
Mobile
YouTube
Google Maps
Google Chrome
User interface
Tips
iGoogle
Social
Google Reader
Traffic Making Devices
cpp programming
Ads
Image Search
Google Calendar
tips dan trik
Google Video
Google Translate
web programming
Picasa Web Albums
Blogger
Google News
Google Earth
Yahoo
Android
Google Talk
Google Plus
Greasemonkey
Security
software download
info
Firefox extensions
Google Toolbar
Software
OneBox
Google Apps
Google Suggest
SEO Traffic tips
Book Search
API
Acquisitions
InOut
Visualization
Web Design Method for Getting Ultimate Traffic
Webmasters
Google Desktop
How to Blogging
Music
Nostalgia
orkut
Google Chrome OS
Google Contacts
Google Notebook
SQL programming
Google Local
Make Money
Windows Live
GDrive
Google Gears
April Fools Day
Google Analytics
Google Co-op
visual basic
Knowledge
java programming
Google Checkout
Google Instant
Google Bookmarks
Google Phone
Google Trends
Web History
mp3 download
Easter Egg
Google Profiles
Blog Search
Google Buzz
Google Services
Site Map for Ur Site
game download
games trick
Google Pack
Spam
cerita hidup
Picasa
Product's Marketing
Universal Search
FeedBurner
Google Groups
Month in review
Twitter Traffic
AJAX Search
Google Dictionary
Google Sites
Google Update
Page Creator
Game
Google Finance
Google Goggles
Google Music
file download
Annoyances
Froogle
Google Base
Google Latitude
Google Voice
Google Wave
Google Health
Google Scholar
PlusBox
SearchMash
teknologi unik
video download
windows
Facebook Traffic
Social Media Marketing
Yahoo Pipes
Google Play
Google Promos
Google TV
SketchUp
WEB Domain
WWW World Wide Service
chord
Improve Adsence Earning
jurnalistik
sistem operasi
AdWords Traffic
App Designing
Tips and Tricks
WEB Hosting
linux
How to Get Hosting
Linux Kernel
WEB Errors
Writing Content
award
business communication
ubuntu
unik