No doubt about it, Google has Gates-like ambitions. Bill Gates told WebProWorld Amazingly, after less than a year of going public Google is already valued by stockholders at almost one quarter of Microsoft. That is astonishing considering Microsoft's profits of $8.2 billion last year made it the 12th most profitable among the Fortune 500, just behind IBM. Microsoft is the second most valuable company in the world with a market cap of $293 billion. Google's $80 billion cap puts it in a battle to become the most valuable media company. That is just under Time Warner's market capitalization of $82 billion. All of this from selling key word searches? Not exactly. Yes, all of Google's revenue and profits are coming from key word searches, but its stock price is reflective of huge growth projections that will come from a variety of business initiatives some of which will strike at the heart of Microsoft itself. And Microsoft is worried as Robert Cringley writing for PBS Google Internet. Using its power position on the Internet Google is winning users by providing them simpler alternatives. Google is beating Microsoft in the battle of the Internet. And as Bill Gates WebProWorld We also have an in-depth article today on "WebProBlog which focuses on internet business and marketing trends.
Googles New World Order
3 min read
2 views
Comments (0)
Please sign in to leave a comment.
No comments yet. Be the first to comment!