Richie,
Not sure if you know much about the technology space but I am a MD of a enterprise based company.
Technology is more focused on growth rather than short term revenue. The Silicon Valley model is to capture a market quickly via customer aquisition and therefore lock out competition.
Peter Theil knows a thing or teo about this he was the founder and CEO of PayPal after all.
So in essence revenues today are irrelevant if you have a product that is growing like crazy and has passed the vital tipping point.
Need I remind you Yammer was recently purchased by Microsoft for $1.3 billion to bolt directly into MS Office on $20 million in 2011 revenue.
Why the high price? Yammer had 1000's of enterprise customers and they built a great product that was used throughout many S&P500 companies.
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Last
$174.56 |
Change
1.980(1.15%) |
Mkt cap ! $28.73B |
Open | High | Low | Value | Volume |
$175.46 | $176.54 | $173.83 | $67.67M | 387.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 175 | $174.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$175.46 | 31 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55 | 174.560 |
1 | 1 | 174.480 |
1 | 9 | 174.470 |
1 | 1178 | 174.430 |
1 | 40 | 174.400 |
Price($) | Vol. | No. |
---|---|---|
175.460 | 31 | 1 |
175.850 | 3230 | 1 |
175.950 | 50 | 1 |
176.000 | 240 | 3 |
176.020 | 1241 | 1 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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