Google
shares on the New York rose for the first time to the position of U.S. $
1,000 , or a jump of 13.8 percent at the end of the transaction last
week , Friday ( 18/10/2013 ) . Google shares rise came after the company reported higher earnings than analysts expected .
Shares of the search giant 's online site was closed up 122 points at 1,011.4 position of the dollar on Friday , a rise of 42 percent since the beginning of 2013. Google stock price increase occurred after its profit jumped 36 percent to 2.97 billion U.S. dollars in the period July-September period .
" We achieved our goal , " said Chairman of Google , Larry Page , as reported by the BBC . Currently , Google's market value is about 334 billion U.S. dollars , far below Apple's market value reached 461 billion U.S. dollars .
Some brokers have raised their price target on shares of Google after the company began dirilik advertisers . In February , the company launched a service to advertisers in smartphones , tablets and desktop computers .
Analysts believe there is significant potential to generate greater revenue from YouTube videos . As we know , the growth of YouTube jumped more than 75 percent in the quarter from the same period a year earlier .
" We estimate that YouTube could generate $ 4 billion for Google , " RBC Capital Markets analysts wrote in a report .
Shares of the search giant 's online site was closed up 122 points at 1,011.4 position of the dollar on Friday , a rise of 42 percent since the beginning of 2013. Google stock price increase occurred after its profit jumped 36 percent to 2.97 billion U.S. dollars in the period July-September period .
" We achieved our goal , " said Chairman of Google , Larry Page , as reported by the BBC . Currently , Google's market value is about 334 billion U.S. dollars , far below Apple's market value reached 461 billion U.S. dollars .
Some brokers have raised their price target on shares of Google after the company began dirilik advertisers . In February , the company launched a service to advertisers in smartphones , tablets and desktop computers .
Analysts believe there is significant potential to generate greater revenue from YouTube videos . As we know , the growth of YouTube jumped more than 75 percent in the quarter from the same period a year earlier .
" We estimate that YouTube could generate $ 4 billion for Google , " RBC Capital Markets analysts wrote in a report .
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