免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

Google's shares have shot up since it was first listed last August

Internet search phenomenon Google has overtaken a swathe of venerable rivals to become the world's biggest media company by stock market value.

After its shares hit an all-time high on the New York markets on Tuesday, Google is now worth $80bn (￡44bn).

This takes it ahead of media leviathan Time Warner, which is valued at $78bn.

The valuation comes in spite of the fact that Google's annual sales total just $3.2bn, a fraction of Time Warner's $42bn.

Some analysts believe Google's shares are now overpriced , a rerun of the heady valuations seen during the internet boom of the late 1990s.

Others maintain that Google's high stock value reflects its future earning potential and that its shares could go as high as $325-350.

Google has become the world's most highly-valued media company after only 10 months of trading as a public company.

It now dwarfs more traditional media companies such as Viacom and Walt Disney, which have stock market capitalisations of between $54bn and $55bn.

When it first floated in August last year, its shares debuted at $85.

Google makes most of its money from the sale of advertising that sits alongside its search results.

Google was founded in September 1998 by former Stanford University computer science students Larry Page and Sergey Brin.

They initially launched the business from a friend's garage after pulling together $1m from family, friends and other investors.

Now still in their early 30s and both multi-millionaires, Mr Page and Mr Brin are said to continue to live modest lifestyles.

Initially, Google got 10,000 queries per day compared with 200 million today.

(Agencies)

leviathan: the largest or most massive thing of its kind（龐然大物）

overprice : price excessively high（標價過高）