Tuesday, July 25, 2006

Google’s Impressive Growth

Google continues to widen its lead in the search wars, although Yahoo is still making it a two-horse race. According to the latest June figures from Nielsen/NetRatings, Google now owns an almost 50 percent share of the U.S. search market. Yahoo was a distant second at 23 percent, and MSN slipped to a 10 percent share. However, the telling statistic is the year-over-year (YOY) growth. Google is up 31 percent YOY, Yahoo up 29 percent, and MSN is giving up more ground with only 3 percent YOY growth.

Google also reported its revenue was up 77 percent (via Forbes) for the second quarter. Many analysts are still giving Google a “buy” rating even with its stock in lofty territory at about $390/share.

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