As a follow-up to Google's earnings announcement last week, Motley Fool made the statement below. They still haven't corrected it (more than a day later). Oops!
Over the past four quarters, Google has generated an impressive $1.3 million in net profits. The $450 argument would seem to claim that Google is growing so quickly that paying better than 100 times that bottom line sum is a reasonable trade.
BTW, they meant to say Google has earned $1.3 billion, not million.