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Thursday, June 23, 2005
Tuesday, June 21, 2005
Google Grabs More Search Engine Share - Forbes.com
Google Grabs More Search Engine Share
06.21.05, 11:25 AM ET
Tear Sheet | Chart | News
Credit Suisse First Boston said May search traffic results came in stronger than expected at 4.3 billion, an increase of 2% month-over-month, according to Nielsen Megaview Search. CSFB said the better-than-expected growth suggests that the onset of the weaker summer period has been delayed by a month. Google (nasdaq: GOOG - news - people ) showed query growth with total volume rising slightly to a 48% market share in May from 47% last month. CSFB said the top search engines in descending order are Google, Yahoo! (nasdaq: YHOO - news - people ) with 21% market share, MSN from Microsoft (nasdaq: MSFT - news - people ) with 12% share, Time Warner (nyse: TWX - news - people ) unit AOL with 5% share and Ask Jeeves (nasdaq: ASKJ - news - people ) with 2% share. The research firm reiterated "outperform" ratings on Google, Ask Jeeves and Yahoo!, with respective target prices of $350, $33 and $45. It maintained a "neutral" rating and $28 target price on Microsoft.
Google Grabs More Search Engine Share - Forbes.com
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