Recently I came across an article on NY Times explaining Google’s efforts to explain its place in the market in the face of increasing anti-trust scrutiny.
Some weeks ago, Google held a meeting with reporters and media persons where Google was trying to explain that how the company should be viewed. Explaining the company is not bad.
Google is a big company now as we all know, but Google’s concern is that it is not that big if it is it is not bad. To clarify this statement, Google showed some interesting facts. In the table below, it clearly shows that Google is not a BIG company….…But Google is a big company.
This table clearly shows Google is far away from these giants. Except Market Cap, Google is at last position….according to the table.
So what’s wrong in this data?
The missing point is COMPANIES’ FOUNDING DATE.
Now, have a look at another table…..
* AT&T was formed (Source )
** Verizon founded (On Jan 1, 1984 AT&T divested itself of 22 local operating companies, Thus Bell Atlantic was free of AT&T. Verizon Communications was formed in 2000 when Bell Atlantic, one of the Regional Bell Operating Companies, merged with GTE. Prior to its transformation into Verizon, Bell Atlantic had merged with another Regional Bell Operating Company in 1997. So Verizon was not founded in 2000. Its roots are coming from AT&T.)
Google didn't mention about the founding dates of companies. and that makes the difference.
If Google had founded in 1975 (Microsoft founded ) Revenues would be around $ 71 B, more than Microsoft. Compare with other companies in the table and you get the point.
Now we can imagine how big is Google.


1 comments:
Thats interesting to see how google didnt show the founding dates...Well caught.
Almein
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