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.

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ABOUT ME

Brian Solis is principal at Altimeter Group, a research firm focused on disruptive technology. A digital analyst, anthropologist, and futurist, Solis has studied and influenced the effects of emerging technology on business, marketing, and culture. Solis is also globally recognized as one of the most prominent thought leaders and published authors in new media. His new book, What's the Future of Business (WTF), explores the landscape of connected consumerism and how business and customer relationships unfold and flourish in four distinct moments of truth. His previous book, The End of Business as Usual, explores the emergence of Generation-C, a new generation of customers and employees and how businesses must adapt to reach them. Prior to End of Business, Solis released Engage, which is regarded as the industry reference guide for businesses to market, sell and service in the social web.

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