Can you imagine buying one share of stock for $700? One share! If you want Google, that's what you'll soon be paying. Their stock passed the $600 mark just a couple weeks ago, and is headed to $700.
The only high tech company larger than Google is Microsoft, and it began when the Google co-founders were toddlers.
How do they make their money; everything they offer seems to be free? It is, for its users. But Google runs the internet's largest advertising service. That's why we users don't pay for their services. At least not directly. "Although it relies on complex technology, Google's business formula is fairly simple. As it processes a search request, Google also scans its database for text-based ads related to the same topic as the query and displays the commercial messages along the side and top of the results page." According to Yahoo! News.
Read more at Yahoo!
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