Google: The Forever Rising Revenue Starship
July 18, 2015
I read “Google Adds a Record $60 Billion to Its Stock in One Day.” According to this write up and dozens of others, the GOOG has broken a barrier. The company is, like a deep space probe of money, into the Forever Rising.
I read:
Google Inc. just gave its investors the biggest present ever. The search-engine giant added $65 billion to its market capitalization today, more than the size of Hewlett-Packard Co. The surge, following earnings that topped analyst estimates, is the biggest one-day gain in value ever for a U.S. company, according to data compiled by S&P Dow Jones Indices. Apple Inc. held the previous record, with a $46.4 billion surge in April 2012.
Will legal hassles, cost cutting, the surge in mobile usage, and the challenges of making money in China and Russia slow the Forever Rising, the new monetary interstellar vehicle?
Absolutely not. Lawyers, even countries, cannot exert sufficient gravitational pull to cause the money craft to veer from its trajectory.
Diamonds Are Forever. Oh, that’s the movie thing.
Stephen E Arnold, July 18, 2015
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