> Even Bing, widely considered a failure, on last reported revenue and current P/E ratio, would be 12th most valuable tech company in the world, between Tencent and ASML.
A tiny slice of the search market (4% IIRC) is worth this much? Incredible. Everyone knows Google is swimming in money, but I guess it never really computed for me that managing to grab a tiny slice of the search market would be so valuable. If I was making a guess prior to reading this, my intuition would have been that Bing was some kind of loss leader. Shows what I know! Hah
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