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Tuesday, October 09, 2007

Google’s Stock Price Reaching a Benchmark

Tuesday, October 09, 2007
google logo Amazing! Google reached a new benchmark for stock prices soaring high to $600 early morning as of October 8, 2007, reports Mashable.

This share price is believed to be attributed to the rising confidence of investors in Internet advertising technology. Many organizations seem to be convinced to do online business and hence they don't mind spending on Google. Analysts predicting that Google could reach the $700 mark next year.

The market share of Google is higher than the combined market share of Yahoo and MSN. Nevertheless, Yahoo and MSN are battling it out on the advertising front.

And with all sorts of new technology itching to be the next platform for getting web surfers’ attention and the mobile market expanding at a very healthy rate, it’s no surprise that so much interest has been kindled for online marketing. Google just reached a stock price milestone of $560 in the past couple of weeks.

With the launch of Google phone, Google will reach another milestone for stock prices soon to be leaving Apple behind in mobile market share. With all sorts of new technology itching to be the next platform for getting web surfers’ attention and the mobile market expanding at a very healthy rate, it’s no more a surprise that so much interest has been kindled for online marketing. Surprisingly, Google just reached a stock price milestone of $560 in the past couple of weeks.

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