There’s a lot of talk online and offline about the growth of Facebook, and concerns about its influence on the web and Google’s profits. The concern is that Facebook, now the most popular site in the world, will dominate Google in driving visitors to their new favorite sites. That used to be Google’s job… Read more…
While the world focuses on the United States and Europe, two areas that have seen massive bailouts and easing in their own right, investors might be better instead to focus that attention elsewhere—China.
Apple Inc. (APPL) is taking a nosedive today on news that Steve Jobs will be taking a medical leave of absence. While this isn’t particularly good news, it isn’t that bad, either. Read more…
Revenue was up 42% year over year, mostly from the differential between foreign currencies and the US dollar. Marketing on Google Adwords, the main component of Google’s earnings, looks cheap to firms located overseas. Foreign companies now have an advertising advantage against US competition, this works well for Google. International businesses and advertising now accounts for the majority of Google revenue, sitting at a perfect 51%. Read more…
The bid for Yahoo was interesting to say the least. Software giant Microsoft and owner of MSN putting in a bid for Yahoo shows the concern over the internet marketing business currently controlled by Google. Read more…
Google is one of those stocks that no traditional investor will ever understand. In 2001, traders were clobbered when stocks like Google — the 100 PE ratio– no direction but up stocks went straight down. Google follows all definitions of a bubble stock, and as any experienced trader will tell you, it’s a dot-com bust all over again. Read more…
