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Google. Darlin’ of Wall Street.

March 12, 2013

2013_03_12_Google

 

Today’s infographic illustrates Google’s amazing growth since going public in 2004.http://www.statista.com/topics/1001/google/chart/977/googles-amazing-growth/

Since Apple’s fall from grace on the stock market, Google has emerged as the new Wall Street darling fromSilicon Valley.The company’s stock price is up 38 percent for the past 12 months, and closed at a new all-time high of $838.60 on March 5. 

The reasons for Google’s latest rally are manifold. Most importantly, Google has a near-monopoly on web search and search advertising, yet manages to fend off antitrust allegations time and time again. The company’s mobile operating system Android has relegated Apple’s iOS to number two, putting Google in a great position as online activity is increasingly shifted towards mobile devices. On top of its operational success, Google has maintained its innovative edge, pursuing prestigious side-projects such as Google Glass or self-driving cars.

 

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From → business, Strategy

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