Google Stock Hits Over $1,000 Per Share, First Time in History; Ads on YouTube Up 75% in the Quarter

Early Friday, Google’s share price jumped above $1,000 per share for the first time -- a remarkable ascent from $85 in its public offering in 2004 [...]

Google shows continued dominance of the mobile and video advertising businesses even with aggressive competition from Facebook Inc and Yahoo Inc. Advertising revenue is up 26 percent ... Google's key YouTube asset generated approximately $4 billion in revenue in 2012 with expectations for more growth in video advertising increasing from mobile devices [...]