Google Tops $500 Per Share

Search leader, and start-up gobbler, Google (NASDAQ: GOOG) surpassed the $500 mark for the first time today.

This is a significant milestone which only took a little over two years to achieve – making its initial public offering of $85 per share seem like a bargain today. And, if you think about it, it really has been a meteoric rise for the pair of Stanford University graduate students, Larry Page and Sergey Brin, to go from a garage to a market value of about $154 billion.

Wall Street has huge expectations for the company and analysts predict that Google will earn $13.70 per share and hit $600 per share in 2007.

Sounds like Thanksgiving will be year-round for this company. More importantly, this is an undeniable sign that the Internet/tech economy is on the rise, making the tech market very bub.blicio.us once again – not to mention the invigoration that this spurs among all entrepreneurs to innovate and succeed.

Tags:

Share

ABOUT ME

Brian Solis is a digital analyst, anthropologist, and also a futurist. In his work at Altimeter Group, Solis studies the effects of disruptive technology on business and society. More so, he humanizes technology’s causal effect to help people see people differently and understand what to do about it. He is an award-winning author and avid keynote speaker who is globally recognized as one of the most prominent thought leaders in digital transformation and innovation.

Brian has authored several best-selling books including What’s the Future of Business (WTF), Engage! and The End of Business as Usual. His blog, BrianSolis.com, is ranked as a leading resource for insights into the future of business, new technology and marketing.

Contact Brian

RECENT TWEETS

FLICKR FEED

  • Where are you by @briansolis
  • Good Artists vs. Great Artists
  • Brian Solis
  • Brian Solis GROW 2015

ARCHIVE