Northern, WI 02/20/2013 (usmarketbuzz) – Google Inc. (NASDAQ:GOOG) has triumphed again, as its shares crossed the $800 mark. For the first time since it went public in the month of August 2004, its shares have hit $806.85, rising by 1.8%. In the past twelve months alone, Google stock has appreciated in value by almost 33% whereas the Standard & Poor’s estimate for most top 500 companies during the same time period was 12%.
Search Engines:
Google has grabbed 67% of the search engine market in January, with Microsoft Corporation (NASDAQ:MSFT) and Yahoo! Inc (NASDAQ:YHOO) claiming only 30% of the search engine market. While Google stock has gained, Apple Inc. (NASDAQ:AAPL) shares have steadily declined and are now trading at 8.4%; less than its previous year’s market price.
According to market experts Apple Inc (NASDAQ:AAPL)’s stock is trading at an unprecedented discount of 56% to Google, when you look at the price-to-earnings ratio. This is the highest gap between the stocks of the two companies, since the iPhone was introduced in July 2006.
Digital Ads:
Google Inc., headquartered in Mountain View, California has dominated the online & digital advertisement market in the U.S., cornering more than 41% of the marketing revenues in 2012. When you consider the mobile advertisement revenues, it commands a market share of 53%, while Facebook Inc. (NASDAQ:FB), the world’s largest social media company, barely amounts to 8.4%.
As if that is not enough, Google also dominates the search engine-powered advertisement market, garnering 75% of the market’s revenue potential.
The company also earns when it runs advertisements next to the search results, on the search engine results page. It also continues to evolve new ways to reach its users on behalf of its clients and advertisers, through all the new devices that regularly hit the market, like smart phones and tablets. It also facilitates the running of different advertisements for different market segments at different times to help companies reach their targeted audience.
So, it is no wonder that Google, a company that is ready to embrace change and innovate is going from strength to strength, enriching the lives of everyone connected to it!
The shares of Google Inc. (NASDAQ:GOOG) were up 1.76% to close at $806.85. The shares of Microsoft Corporation (NASDAQ:MSFT) were up 0.95% to close at $28.05. The shares of Facebook Inc. (NASDAQ:FB) were up 2.15% to close at $28.93. The shares of Yahoo! Inc (NASDAQ:YHOO) were up 1.31% to close at $21.29.