Tomahawk, WI 12/10/2013 (BasicsMedia) – Google Inc (NASDAQ:GOOG) has continually increased its internet reputation through its various platforms. The company which today is the largest search engine in the world also offers the most popular video viewing and sharing platform known as YouTube. Two weeks ago, the company announced the release of their infrastructure service which offers what is known as Google Computer Engine.

Google Synonymous with the Internet

The cloud program by Google Inc (NASDAQ:GOOG) which is compatible with Google Compute Engine is the largest deal in IT since Amazon.com, Inc. (NASDAQ:AMZN) begun its  EC2 platform. This program will completely change the way the cloud computing market operates. The company also has a very clear intent in penetrating the smartphone market and recently acquired Motorola Mobility Holdings LLC. This is evidence of the company’s intention to dominate the market. While the company has a presence in every facet of the internet, they have continued to make forays into other areas and this is making it becoming almost synonymous with the internet.

It is no wonder then that Google Inc (NASDAQ:GOOG) opted not to make any money from its web browser Google Crome which is offered free to all internet users. But this is all that the company needs to remain popular and continue to flourish. James Schnieders who is a co-founder of Schnieders Capital Management believes that the company’s stock could increase by 13% in 2014. The internet giant has continued to experience growth in earnings despite economic decline and their over the year earnings increased by 19% even when there was major economic crisis in 2008 and 2009.

Google Inc (NASDAQ:GOOG) the Next Big Player

Analysts Colin Sebastian and Rohit Kulkarni of Baird revised their targets for Google Inc (NASDAQ:GOOG) from $1000 to $1175 a share and are of the opinion that the company will become the next major player in the cloud services sector. The company is angling for an even larger share of information technology spending and has continued to increase its competitive advantage against Amazon.com, Inc. (NASDAQ:AMZN). Colin Sebastian and Rohit Kulkarni raised the price target due to the expansion policy that the company has adopted.

Google to Grow Stronger

It is expected that the company will continue to post strong gains and one major factor that would push its growth forward is the Android operating system. Over one billion people from the emerging markets are expected to become part of the online network. This number is significant because they will in all likelihood use a smartphone to gain entry into the internet. The Android commands a huge segment of the smartphone market at 81%. While the company remains strong, it will continue to grow stronger in 2014.

The company’s management has embarked on the serious development of a long term sustainable business model. Larry Page, CEO of Google Inc (NASDAQ:GOOG) speaks of the huge opportunities that the company has because of more devices and more activity online, giving them the ability to enhance the lives of people in a big way. By using these opportunities to expand its horizons, Google Inc (NASDAQ:GOOG) will continue to experience exponential growth.

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