2006 March 03

Affiliate Classroom Blog Archives

Google to hit $100 Billion in revenue?

Friday, March 3rd, 2006 at 11:45 pm by Anik Singal

As many of you may know, Google’s CFO recently had said that he expected growth to slow at Google. Well, the second he announced that the stock price took a hit.

Now, Google claims that they were misunderstood - they only meant that they would slow simply because of their size and how fast they’ve already grown. But, they still expect to hit $100 Billion in revenue eventually by plugging themselves into every form of traditional and future advertising out there:

“Google said it aims to become a presence in every part of the $800 billion global advertising market - from television and radio to print and direct marketing. ‘We see ourselves in every one of those segments…. It will be possible in the next few years,’ Eric Schmidt, Google’s CEO said.”

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