A stark visual of the situation–courtesy of The Wall Street Journal–with regard to the competitive Internet advertising and stock situation.
These two charts look at the performance of the major players–Microsoft (MSFT), Yahoo (YHOO) and Google (GOOG) (and AOL [TWX] in the ad chart)–from 2004 to 2008.
Sad isn’t it for anyone who wants to have faith in American ingenuity (I’ve stopped using he word innovation for obvious reasons)?
Really sad is that 200 percent Google drop after a perceived slip-up. Without constant attention Google’s value can evaporate, while Microsoft who has produced nothing interesting for years continues to profit from IBM’s lack of business plan for PCs in the 80s. How the mighty fall and the mediocre thrive on the carcases of yesteryear.
I really liked this (and also the TV interview) — so I blogged some amusing thoughts on it (note esp. the image I just posted as a “self follow” comment):
Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Comments
Sad isn’t it for anyone who wants to have faith in American ingenuity (I’ve stopped using he word innovation for obvious reasons)?
Really sad is that 200 percent Google drop after a perceived slip-up. Without constant attention Google’s value can evaporate, while Microsoft who has produced nothing interesting for years continues to profit from IBM’s lack of business plan for PCs in the 80s. How the mighty fall and the mediocre thrive on the carcases of yesteryear.
Posted by Mac Beach at May 5th, 2008 at 11:39 amI really liked this (and also the TV interview) — so I blogged some amusing thoughts on it (note esp. the image I just posted as a “self follow” comment):
http://gaggle.info/post/38/its.....s-for-free
Posted by Norbert Mayer-Wittmann at May 5th, 2008 at 12:42 pm