Google Inc. (NASDAQ:GOOG) may unseat Microsoft Corp. (NASDAQ:MSFT) as the world's most heavily visited website next year if predictions for 2007 held. Somebody needs to call Sylvia Browne to confirm this, though. Please? Anyone?With Google's revenue peaking at $7.2 billion for the first three quarters of 2006, shares of GOOG hit the $500 mark a few times before settling down recently to $468. With Google acquiring YouTube recently, 2007 may be first in a long time that a non-Microsoft or non-Yahoo! web property becomes both number one in U.S. visitors and non-U.S. visitors.
Is this significant? You bet it is. Yahoo! Inc. (NASDAQ:YHOO) has been perceived to be on a downward spiral this year as the company lost market share and other things (like YouTube) to Google. It's been a long time since Yahoo! did not reign supreme on the web with its vast array of properties -- then MySpace.com came and Google joined up with YouTube.
My, how times have changed.
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Reader Comments (Page 1 of 1)
12-28-2006 @ 2:12PM
Andy said...
Google has been laying their base and developing their master plan whatever it may be. They have the momentum and they are innovative and smart. They are going to be the place to be for the next several years.
12-28-2006 @ 5:18PM
Steve said...
Google are strategists and so are Microsoft. Yahoo seems to be lingering with no real direction or purpose... just like its stock price.
It will be interesting to watch the growth od Baidu in 2007 as well.