Yes Google did it again – the search giant has just announced revenues of $10.65 billion for the quarter ended March 31, 2012, an increase of 24% compared to the first quarter of 2011. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the first quarter of 2012, TAC totaled $2.51 billion, or 25%...
Tag Archives: Stock
Moving a step further towards its giant IPO, Facebook will list its share on Nasdaq. According to CNBC, Facebook will list its shares on the Nasdaq exchange, and not on the NYSE. The company intends to use the ticker symbol “FB” when it does go public. The social giant is looking to raise around $5 billion from the open market in its offering. Facebook’s IPO is...
Just less than five months time when Groupon goes public, the company stock price keeps on lagging down and down. The daily deals company’s share slid another 3.2 percent (or 48 cents), and close at $14.54 a share, that is what actually half the $31.14 price some of investors paid at the stock’s high point. At today’s close, the company’s stock hits a new low....
Apple (or better to say it as $AAPL) – the company, the giant whose share price earlier hit record high at $617.92 with reaching a peak later at $620.93 should cross $1,000 in a year or two, propelled by emerging markets growth and new products that could include a revolutionary TV set. Piper Jaffray senior research analyst Gene Munster joined Topeka analyst Brian White...