Jump to content


- - - - -

Google Now Most Valuable Media Company


  • Please log in to reply
2 replies to this topic

#1 glen

glen

    Administrator

  • Admin
  • PipPipPipPip
  • 888 posts

Posted 08 June 2005 - 05:42 AM

Hi everyone,

According to the following article on the Reuters website, Google is now the most highly valued media company. It now surpasses Time Warner Inc. after trading for just 10 months as a public company.

Google's share price on the Nasdaq rose to $293.12 on Tuesday, an all-time high. Stock market analysts have suggested the stock could go as high as $325 or $350 a share.

With a current stock market capitalization of more than $80 billion, Google is now worth more than any other media company in the world. That includes Time Warner, created five years ago when AOL purchased Time Warner for $106 billion in a much-hyped combination of old and new media.

http://www.reuters.c...storyID=8723696

Cheers, Glen

#2 Joseph

Joseph

    Member

  • Members
  • PipPip
  • 31 posts

Posted 22 July 2005 - 03:44 AM

Hey glen,

you might be interested to read this article about Google and adsense earnings -

http://informationwe...cleID=166401641

Quote

Adsense "net income for the quarter ended June 30 was $343 million"!!!!

"Advertisers spent more than $2.8 billion on the Internet in the first quarter of this year..."

Now all I need to do is get 0.0001% of that 2.8 billion :) = $280,000

HAHAHA! :P

#3 glen

glen

    Administrator

  • Admin
  • PipPipPipPip
  • 888 posts

Posted 28 July 2005 - 07:38 AM

Joseph, on Jul 22 2005, 06:44 PM, said:

Now all I need to do is get 0.0001% of that 2.8 billion :) = $280,000

<{POST_SNAPBACK}>


I am after 0.0002%! hahaha :P




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users