Oh Phuleeze!
Google has passed Intel and IBM to become the world’s No. 2 most valuable technology company after Microsoft.
Shares of Google, which runs the most-used internet search engine, rose $US15.53 to $US443.03 on the Nasdaq Stock Market yesterday, giving the company a value of $US130.9 billion ($A174.2 billion). That compares with a market value of $US128.3 billion for Intel, the world’s No. 1 chip maker, and $US127.7 billion for IBM, the world’s No. 1 computer-services company.
How can this possibly be accurate…. they have ONE real source of revenue - internet advertising, they have ONE product - internet search.
How long before the fall?
Thursday, January 26th, 2006 @ 5:50 pm