This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Google 10 Years After IPO Continues to Reshape the Future

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.

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."

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.

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.

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.


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.

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.  

--Written by Chris Ciaccia in New York

>Contact by Email.

Follow @Chris_Ciaccia

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GOOG $711.11 1.40%
GOOGL $725.32 1.50%
AAPL $92.69 -0.59%
FB $119.49 1.43%
TSLA $214.93 1.61%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs