Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Analysts may ask when is Google's bubble going to burst in the wake of yet another breathtaking quarterly earnings performance. The answer may well be when the Internet falls over. Meanwhile, with a 69% increase in earnings and 63% increase revenues, the market can only sit back and watch dumbfounded.
While Google's blue sky projects, such as Google
Docs & Spreadsheets, grab media attention, the search company
quietly sticks to its knitting and rakes in ever more advertising
revenue from its core search business. With Internet advertising on a
steep upward growth, Google is proving that it's good to be the king in
the king of growth markets.
In fact, the continuing success of Google's search advertising business
has its competitors so worried that they are now resorting to attempts
to curb the company's growing dominance through regulatory measures.
Microsoft, Yahoo and others are considering their options for an
antitrust challenge to Google's US$3.1 acquisition of contextual ad
management company DoubleClick. Microsoft, which dominates more than
90% of the desktop operating system market, claims that a
Google-DoubleClick combination would control 85% of the Internet ad
distribution market.
Meanwhile, Google's continually rising share price, allows it to easily
absorb some of the web's most valuable businesses, adding to the
snowball effect while competitors watch helplessly and Google stock
holders grin from ear to ear.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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