An analyst thinks that Google's prominence in search will allow it to climb up the value chain in other highly profitable areas.
Analysts want to see what the next big thing is going to be from Google. Sure Google does a brisk business with advertising against search, but what other area of their business has real revenue growth potential?
Google's (GOOG) ITA acquisition has Bank of America/Merrill Lynch's Justin Post thinking that Google may be MORESeth Weintraub - Jul 12, 2010 2:37 PM ET
But in the 19% of enterprises that do, Apple's 10% share is expected to double within a year
It's easier to get a camel through the eye of a needle than to get some tech departments that support Research in Motion's (RIMM) BlackBerry to change gears and support Apple's (AAPL) iPhone.
But that's starting to change, according to a report to clients issued Thursday by Merrill Lynch's (BAC) Scott Craig.
Drawing on a MOREPhilip Elmer-DeWitt - Jul 8, 2010 11:32 AM ET
Cites the strength of the iPhone, demand for the iPad and expanding gross margins
Bank of America/Merrill Lynch's Scott Craig issued a bullish note to clients Friday in which he raised his estimates for Apple's (AAPL) third quarter revenue and earnings and upped his share price target -- from $300 to $325.
"We believe multiple tailwinds exist for iPhone demand," he wrote, "including strong uptake at AT&T (continued) and international growth (expansion MOREPhilip Elmer-DeWitt - May 28, 2010 10:41 AM ET
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