Google is on a path of serious domination, with its stock prices hitting nearly $1000 a piece after it had reported a large increase in mobile and video advertising that helped the Mountain View-based giant increase its quarterly revenue up 23%.
The company has seen paid clicks increase 26% in the last three months ending on September 30, which represents the highest rate of growth in the past year. There's an offset though, with an 8% fall in average cost-per-click. J.P. Morgan analysts said "We view solid paid clicks growth to be a good indicator of demand, driven by the continued shift to mobile." The analysts expected a huge 21.5% growth.
Comparing this to Apple in 2012, who were poised to become the first company to be worth $1 trillion, it has certainly fallen from grace. Google is now positioned to be a serious contender as one of the most powerful, valuable companies in the world.