Welcome back! Some great comments on Apple over the last two weeks. Keep up the good work!
Yesterday, I got to try the iPad for the first time, and I must say I was impressed. Great user interface, great screen resolution, light weight, small enough to carry with you, yet large enough to use as a light laptop. As an Apple stockholder, I couldn’t be happier about Apple’s new gadget. By the way, the stock climbed above $242! Go Apple!
Now, let’s understand the business behind Google. As users of Google, it is difficult for many of us to understand Google’s business. Most users aren’t exactly Google’s customers. Most of us simply use Google for free! So, how is it that Google makes money?
If you are in my marketing class, find out what product/service Google provides to its customers and at what price.
If you are in my Intro to Business class, find out Google’s profit margin and return on equity for the last 3 years. How would you interpret these ratios?
