According to reports
“Mobile searches have increased 200% year over year in 2012, and it’s predicted that within the next year, mobile will become the primary way people access Google’s services.”
“The major factor supporting Google’s rising valuation is the weakening of the mobile bear thesis, which indicated the growth of mobile usage, and thus advertising, would eat into the search giant’s core business.”
“Its impressive run since mid-November, with shares gaining nearly 30%, is “justified and sustainable,” …”expects the stock to hit $950 over the next 12 months and possibly break the $1,000 mark if conditions are right.”
With mobile becoming the key access point how is Google’s strategy emerging on this front?
GR Advisory & Training 