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Google marches on
Google has announced its earnings for Q4 2006 and demonstrates that it is still growing at a rapid rate. Revenues of $3.21 billion for the quarter ended December 31st 2006 represent a 67% increase over Q4 2005 revenues ($1.92 billion) and a 19% increase over Q3 2006 revenues ($2.69 billion). Interestingly, Google's stock (GOOG) dropped about 3% as soon as Google announced the results. Whilst any other business would be…
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Google shares hit the $500 mark
The price of Google shares has reached $500 on Wall Street as the internet search giant continues its phenomenal growth. The shares were priced at $85 when the company went public on Nasday in August 2004 but very quickly rose to $200 and were valued at $400 last November. The search engine is now valued at over £81bn, making it larger than the likes of IBM and Intel. Whilst some…
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