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Internet to be dominated by Google and AmazonAnalyst: internet to be dominated by Google and Amazon
Google and Amazon are two big giants on the web. However, they are not alone and a lot of companies are currently dominating the web in one way or the other.
Sanford C. Bernstein analyst Jeffrey Lindsay has however other ideas about the future. In his report named “U.S. Internet: The End of the Beginning”, he says that the future on the internet would largely be dominated by Google and Amazon.
He states in the report: “We expect two players to continue to perform strongly, Google and Amazon. Both Google and Amazon.com are still racking up annual growth rates in the 30-40 percent range, with only a relatively modest slowdown in sight.”
He further predicts that Yahoo would end up getting acquired by Microsoft. The other popular search engine company IAC is already headed for a split.
About eBay, he says that the company could possibly maintain its position in the market but they would have to focus on their core business.
Jun 8, 2008
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