Thursday, June 09, 2005

$80bn Google takes top media spot

BBC NEWS | Business: "After its shares hit an all-time high on the New York markets on Tuesday, Google is now worth $80bn (44bn).
This takes it ahead of media leviathan Time Warner, which is valued at $78bn.

The valuation comes in spite of the fact that Google's annual sales total just $3.2bn, a fraction of Time Warner's $42bn...

Initially, Google got 10,000 queries per day compared with 200 million today."

No comments: