The China growth story, which has been driving commodity prices, remains as strong as ever,

Rising fuel prices will keep a lid on consumer spending for some time, slowing economic growth. The central bank will keep interest rates on hold.

Domestic demand is now driving growth.

This isn't just about driving growth. It's about staying in business.

What's been driving the valuation has been an expectation of really strong applications revenue growth. At this valuation, we were expecting at least 57 percent application revenue growth, but we got only 42 percent.

It's obvious that the continued spread of broadband Internet access is having a great impact in driving the growth of online shopping in the U.S..