On Thursday, a Bear Stearns analyst wrote a report on how Google plans to reach $100 billion in revenue.
Robert Peck, the Bear Stearns analyst, did not give a time frame for Google to reach the $100 billion goal, but he hosted a conference call with another consultant on Thursday and they outlined six important focus areas for Google: searches on mobile devices, online video, publishing, business software applications, its e-payment system that rivals PayPal, and multimedia advertising.
Rob Sanderson, an analyst at American Technology Research, believes that Google will eventually hit $685, a price target he endorsed in July, up from $600. He said he sees big potential for the company's growth outside its core markets of the U.S. and the United Kingdom.
"The real story is the rest of the world is quickly catching up to the markets like the U.S. and the U.K.," Sanderson said. "The rest of world is by far the fastest growing segment" of the Internet economy.
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