foreign science and technology media quoted by bloomberg news that Google stock price $1000 for the first time last Friday, 13% year-on-year growth.
analysts believe that Google’s share price rise information related with the company’s earnings. It is reported, earlier, according to Google published this year in the third quarter, according to Google revenue reached on Wall Street’s expectations. Google total earnings of $14.98 billion in the third quarter of this year, the United States earned $10.47. After analysts expect $14.8 billion, earnings per share of $10.34. (see the cloud network reported hunting “)
although the third quarter Google CPC (cost per click) fell again, fell by 6%, compared with the previous quarter fell by 4%, a 8% drop in annual. Total pay-per-click advertising for years, however, rose 26%, offset the decline in the data before. So far, Google accounted for 33% of the world’s online advertising market share.
the report pointed out that by the end of this year, Google’s online advertising revenue will be higher than the same period last year 31%.
however, Google now is still the world’s third largest market value of the company, behind apple and exxon mobil international company.