Google Stock
After having acknowledged the best search engine in the early 2000s, google has not rested. It is still going strong with its raving pursuit to offer the best technology and search experience. Since its inception in 1998, the company has come a long way. From being a small information search technology on the web to the world's numero uno search engine, it is scaling even more heights with its email service. Its founders and Stanford dropouts, Larry Page and Sergey Brin, take pride in what the company has achieved over the years and in what it still has to offer.
So, what is in store for a google investor Are there any indicators to how the company should do in the coming years For an answer, we need to look at what Google is doing these days and what it is planning to do.
google search as everyone should know is an easy-to-use service. Such is the efficiency is that any search just takes a fraction of a second to display the results. Millions of web users all over the world prefer Google to other search engines. The search does not only rank higher than other search engines in terms of efficiency and effectiveness, it also has a huge advantage due to its uncluttered look and ease to use. google has been used to search more than eight billion web pages and processed more than 200 million search requests every day. It is able to search every possible file type on the web and in thirty-six languages with interfaces in eighty-six languages.
Since its inception, Google has always given its competitors a run for their money. Yahoo and other players have lost their market share. Google has always innovated to find sources of revenue. For example, the strategy of placing advertisements on sites, which contain information related to those ads, has earned Google a lot of income. If all that was not enough, google gave a shock to email service providers by launching its own sleek email service with a massive storage of 1GB. Launched on April 1, 2004, it attracted a lot of Yahoo and Hotmail users successfully.
Today, Google is much more than just a search engine. More than just searching information and answering questions, google has been offering a host of features for its users. It has become a library of knowledge and information on the web. It recently announced a project of digitizing the libraries partnering with Harvard, Oxford and some others. Another exciting Google product is Google Earth. It acquired Keyhole Corporation - a map service provider, for Geographical Information System (GIS) applications. Froogle-which compares prices of various products, Picassa-which organizes the photos based on their format, google Toolbar, and Google Deskbar, Google Mini-hardware and software appliance which provides the search facility across the company's documents and websites, are all results of Google's innovation.
With more and more features being added, Google is increasing its revenues. The company's net profits have soared over the last few years attributed to the increased search on its site and increase in advertisement revenue. Google's results reflect a rapidly developing commercial search market, which is estimated to be worth many billion US dollars a year. google is the market leader.
Google has been generating a lot of revenue from its Ad Words, AdSense and Gmail service. Advertisements appearing in Gmail also have helped the cause.
Google's IPO has been very successful and that is very good news for the company as well as its investors. Recent reports say that Google wants to increase its email storage from 2GB to 10GB; in such case, will put all its competitors in a very pitiable situation. In the future, google could give even Microsoft a run for its money if they foray into the operating system business.
There are also challenges ahead of Google, even though it seems far ahead of its competitors. Yahoo and MSN have been making significant strides in their operations to reduce the perception gap with Google. Google should strive to stay ahead of their competition by offering better products and features in the future as well.
Apart from the technological advantage it has over its competitors, Google's success could also be attributed to its ability to attract and retain the best talents. Google is well know to be a good employer and keeps its employees happy. Employees are the key to the success story of any organization and Google knows that very well. The organizational culture at Google has made this possible. The work culture at Google is well known in the Silicon Valley. The company represents a highly successful brand of culture and technology in Silicon Valley. Google has managed to remove the unnecessary managerial hierarchies and has given its engineers a free hand to work.
In this competitive world, Google has managed to script a saga of innovation and so it is expected to do in the coming days. Google should continue to grow and keep the investors happy. The stock should have lot to offer. Its all based on what Google has in store. Lets watch the Google show!
Other Articles
