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Internet stocks were trading sharply higher Tuesday, helped along by a reported 10% increase in worldwide Internet use and positive analyst notes about Amazon.com Inc. and Baidu.com Inc. helping to lift the sector.
Net Stocks Boosted By New Report Of Surging Internet Use [marketwatch.com]
Worldwide Internet Audience has Grown 10 Percent in Last Year, According to comScore Networks
India, China and Russia Experience Highest Audience Growth Rates Year-over-Year; Canada, Israel, and Korea Log the Most Time Online
comScore Networks, a leader in measuring the digital age, today announced that 747 million people, age 15+, used the Internet worldwide in January 2007, a 10-percent increase versus January 2006. Among the top 15 countries (ranked by penetration), Internet audiences in India, the Russian Federation and China increased the most in 2006, growing 33, 21 and 20 percent, respectively. China now represents the second-largest Internet population in the world, with 86.8 million users, after the U.S., which rose 2 percent year-over-year to 153.4 million users age 15 or older in January 2007.
Until we quite artificially limiting supply its all a farce. Where is my fiber to the premise? why are my uploads still capped? Why can't i watch TV over the internet? Why are we still years behind other nations that don't put preserving corporate residual income off artificially limiting supply ahead of consumer demand and functionality?
I'm glad someone is getting rich off my needs