1. Google IPO (Aug. 19, 2004): Prior to the IPO, Wall Street thought Google was not the savior for technology everyone thought it would be.
Read More: Google IPO an Unlikely Lifelife for Technology
2. Google First Earnings Report (Oct. 21, 2004): When Google went public, Wall Street analysts had no idea what to expect from the company's earnings power. Google earned an adjusted 70 cents a share on $503 million in revenue, excluding traffic acquisition costs. Analysts on Wall Street had expected 56 cents a share on $456 million in revenue.
3. Google Buys YouTube (Oct. 19, 2006): In Oct. 2006, Google announced it would buy YouTube for $1.65 billion in stock transaction, which would "would combine one of the largest and fastest-growing online-video entertainment communities with Google's expertise in organizing information and creating new models for advertising on the Internet."
Read More: Google Grabs YouTube
4. Google Unveils Android: In Aug. 2005, Google purchased Android, a company co-founded by Andy Rubin, that would later become the company's Trojan Horse into the smartphone and tablet markets. Google gave away the operating system for free to other handset makers, betting that users would search using Google.
The bet worked, as Android now owns nearly 85% of the smartphone market, when measured by IDC.5. CEO Eric Schmidt Retires, Larry Page Returns (Jan. 20, 2011): Google announced that the triumvirate of Eric Schmidt, Sergey Brin and Larry Page would be no more, with Schmidt stepping down as CEO, Page taking over, and Brin moving to other projects. Read More: Google Is Larry Page's Show Now
7. Motorola Mobility Acquisition (Aug. 15, 2011): Google announced it was buying Motorola Mobility, the handset maker, for $12.5 billion, making it Google's largest acquisition ever, as it jumped into the handset game, in addition to beefing up its patent portfolio. Earlier this year, Google sold Motorola Mobility to Lenovo for $2.91 billion, but kept the majority of the company's patents, confirming the initial speculation that the company wanted its patents all along. Read More: Google Marries Into Patent Royalty With Motorola Mobility 7. Google+ Announcement (June, 28, 2011): Google unveiled its own social network (after trying with Google Buzz, Google Friend Connect and Orkut), taking on Twitter (TWTR) and Facebook (FB) , known as Google+, by sending out invitations to the service. It was officially launched in Sept. 2011, and while the service has more than 540 million users (as of Oct. 2013, the last time the company gave official statistics for it), consumers have never really taken a shining toward it.
8. Google Unveils Project Glass (April 5, 2012): Google unveiled Project Glass (which later became Google Glass), marking the company's official move into wearable technology. Google Glass has had mixed success, since being announced, with limited sales, a high price tag ($1,500), a partnership with Diane von Furstenberg to make them more appealing, but ultimately, mixed consumer reaction. Read More: Google's Project Glass: Hot Trends
9. Google Announces Move Into the Home, Buying Nest (Jan. 13, 2014): Google announced its intention to move into the Internet of Things market, with its $3.2 billion cash acquisition for Nest. Nest, co-founded by former Apple (AAPL) employee Tony Fadell, makes the Nest Learning Thermostat and Nest Protect, a smart smoke alarm. Read More: Google Picks Up Nest Labs For $3.2 Billion 10. Google Gets Into Self-Driving Cars (May 28, 2014): Google unveiled its own self-driving car, with no steering wheel or pedal, as it continues to make inroads in the autonomous driving market. Read More: Google Says Safety Is First With New Self Driving Car Read More: Why the Google Car Is Hideous and Design Is Incredibly Important --Written by Chris Ciaccia in New York >Contact by Email. Follow @Chris_Ciaccia
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts