Google crushes competition
ACCORDING TO a report published yesterday, in terms of market share gains and advertising dollars, Google has surpassed every other media company, online or offline, in 2007.
Henry Blodget [crayzee name, crayzee guy], a former Wall Street analyst, compiled the report, which compares advertising revenues of 17 media firms. It found that Google’s growth of revenue in 2007 stood at $2.6 billion, with all the offline media properties in the report only making $1 billion collectively, meaning that Google outdoes them by more than twice as much.
And these are no lightweight media entities. News Corp, Time Warner Cable, Viacom, Yahoo, Microsoft, AOL, the New York Times, and CBS Radio were all included in Blodget’s report.
The study also showed how Google had managed to increase its revenues by 44 per cent since 2006, bringing their total yearly revenue in the US alone to a staggering $8.7 billion. This figure is even more incredible when put into the following perspective: the total online ad revenues for all 17 companies only grew by 9 per cent last year, with online revenues growing by only 28 percent. Even by combining the online ad revenues of AOL, Microsoft and Yahoo together, the percentage of growth remains at 15 percent, compared to Google’s whopping 44 percent.
Even the company with the 2nd highest ad revenues for 2007 falls a long way behind the search engine giant. News Corp only managed to pull in gains of $915 million.
In market share, Google trounces most of the competition too, taking 14.9 percent of the total $58 billion represented by all 17 firms. It comes just behind News Corp’s 16.5 per cent. Yahoo currently comes in 4th place with gains of $361 million in ad revenues, bringing its overall ad revenues to a total of $4.7 billion last year.
L'Inq
Henry
Blodget Report
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AOL tried to con people into buying their service, Yahoo helps put Chinese people in prison and Microsoft...well they only overcharged the whole planet. Google stood up and told the Chinese government NO. Google gave people the info they wanted, any and all. Google doesnt charge for for their service. I hope the other companies will take note. Maybe just maybe they can learn from the example called Google and if they doent I hope they go the way of the dinosours.
I recently bought a odd computer part from a Manufacturer, I was suprised I paid Google to buy the part from this Company.

This appears to be another growth area for Google.
Excite could have bought Google for a million dollars. Bet there are a few red faces over there.
Google is the new Microsoft! Everyone likes to see the leader stumble, and absolute power corrupts absolutely. Start watching your back, Sergei and Larry!