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Some observations:

• Yahoos fortunes seemed rosy in the 2.5 years after the Overture acquisition. They owned the search advertising space right up until the collision of Googles superior AdWords UI with the rather disastrous Panama rollout. Wall Street noticed.
• Interesting that the launch of Microsoft adCenter isnt included as a milestone. The launch didnt affect the MS stock price, but it would at least fit the context of the graph.
• Impressive revenue per employee multiples: Microsoft = $690K, Google = $987K. Clix revenue per employee is almost as high as Microsofts - yessss!
• What makes up $3.94 billion of Google non-advertising revenue?!?
• Looks like Christmas 2007 shoppers boosted Google traffic by a huge amount - and they stayed post-Christmas.

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