A timely Financial Times reality check; read the full article
The eventual limits of the fast-growing search market, which accounts for almost half of all online advertising, are still impossible to discern, but it is already a business that stands comparison with the technology industry's most fabled success stories. On the current trajectory, Google's revenue - almost all of it coming from search - will probably surpass the income that Microsoft generates from the Windows operating system some time next year.
There is no guarantee that the search company will alight on another idea as powerful as its advertising system, says Mark Anderson, a veteran technology commentator. Yet that may not matter for some time, he and most other industry insiders say. "I think it's enough for the next 10 years," says Mr Anderson. "When God gives you a golden goose, you have to hold it tight."