Wednesday, January 9, 2008

Google's $100 Billion Revenue Aim - Strategy or Hype?

Google Aiming for $100 Billion of Revenue

At Google's analyst day two years ago, CEO Eric Schmidt made a clever remark about Google laying the foundation to become "a hundred-billion dollar company." He wouldn't clarify whether he was referring to a "$100 billion market cap," which Google had already attained, or "$100 billion of revenue."

In a recent New Yorker article, Schmidt clarified the company's ambitions: He means $100 billion in revenue. And what engine will drive Google there? Mobile phones...

Read more on this from this interesting article @ Silicon Alley Insider

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