The NEW NORMAL: $ 7.7 Trillion Recurring Annual Revenues, Convergence of Global Advertising, Arts, Entertainment, Internet, Telecommunications Media
TIMELINE: Evolution of Key Players
Start Company HQ-Base Mkt Cap 2010 Revs # of EEs Sub'rs 1875 A T&T Texas $ 170.0 B $ 124.0 B 295.0k -
1876 Ericsson Sweden 33,0 31.8 90.3 -
1911 IBM NY 200.0 100.0 427.0 - 1924 Telefonica Spain 95.0 87.0 270.0 - 1928 PLDT Philippines 10.0 5.5 19.0 -
1946 ABS-CBN Philippines 0.9 0.7 11.5 -
1952 N T&T Japan 70.0 124.0 213.0 -
1960 Nokia Finland 24.0 80.0 132.0 -
1961 GMA-7 Philippines 0.53 0.3 2.0 -
1968 Intel Calif 110.0 44.0 83.0 -
1969 ARPANET - - - -
1972 SAP Germany 63.0 B 20.0 53.0 -
1975 Microsoft WA 213.0 70.0 89.0 -
1976 Apple Calif $ 353.0 B 65.2 50.0 -
1977 Oracle Calif 139.0 35.6 108.4 -
1983 Verizon NY 98.0 B 106.5 194.0 -
AOL NY 1.3 2.4 5.9k ++ - 1984 Cisco Calif 88.0 43.2 70.7 -
Vodafone UK 155.0 73.4 84.0 - 1991 NTT DMC Japan 88.0 46.0 23.4 - 1994 Yahoo Calif 17.0 6.3 13.6k ++ 275m
Amazon WA 90.0 34.2 33.7k ++ -
China Unicom HK 45.0 26.8 215.8 -
1995 Ebay Calif 39.0 9.2 17.7k ++ - MSFT bot MSN $400m and WebTV $425m in 1997. MSN 380m Deutsche Tel Germany 60.0 90.0 247.0 -
1997 China Mbl China 1,500.0 73.3 164.0 -
1998 Google Calif 176.0 29.3 24.4k ++ 193m
1999 PayPal [ebay sub, 2002] 2.2 220m
2000 Baidu China 48.0 B 2.6 10.9k ++ 340m
2003 Linked-In Calif 8.2 0.4 1.5k ++ 120m
2004 Facebook Calif 75.0 4.0 2.0k ++ 700m
2005 YouTube [bot by google $ 1.65B, 2006]
2006 Twitter Calif 8.0 B 0.2 0.6k ++ 220m
2007 LivingScl Wash., DC 3.0 0.5 3.0k ++ 30m
2008 GroupOn Chicago 14.0 4.0 7.0k ++ 115m
2009 PeopleString NJ 0.01 B 0.002B 0.007k ++ 1m
++ The New Normal: + millions “p/t employEEs”, ave. 1-2 hrs/day, on social media.
Opinion: Mkt Cap/Revenue ratio: 3.5x normal, >10x means over-valued.
