Feeds

Google poised to become world's first TREEELLION DOLLAR company?

Not as insane as you might think, says moneyman

The Essential Guide to IT Transformation

Now that 2014 is up and running, you might be looking over your stock portfolio and reevaluating your investment options. If so, one analyst has a bit of advice: go long on Google, which he believes may become the world's first trillion-dollar company.

That's trillion. With a "T".

As pointed out in a "welcome to the new year" roundup by The Wall Street Journal's MarketWatch, hedge-fund manager and investor Howard Lindzon argues just that in a blog post rather unambiguously entitled "Google will be the First Trillion Dollar Company".

According to Lindzon, a number of things need to fall in line for the giant online ad-slinger to reach that milestone. First of all, he says, it may need a bit of luck – "maybe Apple screws up," he says – but more likely they will simply out-innovate their competitors in software "or even hardware."

He's also of the opinion that the government needs to "stay out of it's [sic] way" – a likely development, considering the rabidly pro-business, anti-regulatory environment in Washington these days. The Federal Communication Commission's new chairman, venture capitalist Tom Wheeler, has so far been playing his cards pretty close to his vest, but he'll be on the hot seat at CES next Wednesday during a one-on-one with CEA president and CEO Gary Shapiro, and The Reg will be there to let you know what Wheeler might reveal about his regulatory stance.

Lindzon also points out Google's appetite for acquisitions, and believes that Larry, Eric, Sergey, and the rest of the boys (okay, plus SVP Susan Wojcicki) will buy Twitter and "make the broadcasting and publishing part of Twitter better than ever."

Then there are Google's retail possibilities – think floating showcases filled with Nexus smartphones and tablets, Glass specs, and autonomous-car simulators – plus further monetization of Google Play, Hangouts, and YouTube. Opportunities abound, says Lindzon.

But if Google is to reach the magic one-trillion market-capitalization milestone, it's not going to happen overnight. As of Friday morning Pacific Time, GOOG's market cap stood at $371.9bn – not that much more than Microsoft (MSFT) at $310.2bn – while the valuations of the world's two biggest-ticket companies were significantly greater: Apple (AAPL) at $493.7bn and Exxon Mobil (XOM) at $435.8bn.

But with all those big numbers floating around, it's important to remember that prognostication is a no-cost pastime – that is, if you're not putting your own money where your own mouth is. And although reputations can be made and lost on market predictions, also keep in mind that homo sapiens is a species well known for its short memory span.

That said, it's less than fully reassuring that Lindzon is the cofounder and CEO of a social network for investors and traders with a less-than-sagacious name: StockTwits. ®

Boost IT visibility and business value

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.