Bloggers are busy speculating about Google’s future this morning – the stock price has dropped below $500, over 4%. All because Barron’s suggested that the search advertising market is slowing down. I’ve heard worldwide advertising spend (including radio and TV advertising) is close to $500 billion – so there is more opportunity for Google.
Scoble has an interesting post on it this morning asking readers their opinion.My take on it is that in addition to Adwords and Adsense for the consumer market, Google is also trying to enter the enterprise space, aka Google 2.0. Also, the realm of deep search needs to be explored further.Not to mention video and audio search.
I think Google has a future ahead of it – growth is not likely to be as dramatic as the last few years but I think they have a bright future ahead.
