Tuesday, May 03, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel and Oculus Bring Virtual Reality to Best Buy Stores
NVIDIA and Samsung Agree to Settle IP Litigation
Samsung Develops 3rd Generation 14-Nano FinFET Low-power Process
IE Loses Top Web Browser Spot to Chrome
Qualcomm To Make Mobiles Smarter With New Snapdragon Machine Learning SDK
You Can No Longer Use Google In Cortana searches
HP Releases New Chromebook for Home and Office
AMD and Nantong Fujitsu Microelectronics Close on Semiconductor Assembly and Test Joint Venture
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Google ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, February 02, 2005
Google revenue doubles


Google Inc. on Tuesday reported record revenue of $1.03 billion for the quarter ended Dec. 31, up 101% year over year, and 28% over its previous quarter.

Earnings on a diluted per-share basis were 71 cents for the quarter. The company attributed its impressive results to strong traffic and monetization growth, as well as advertisers' increasing acceptance of the Internet as a viable advertising channel.

"Google had an exceptional quarter. Revenues and profits increased significantly, our execution was solid across the company, and, most importantly, our relationship with our users, partners, and advertisers became even stronger," Google CEO Eric Schmidt said in a statement. "All of this happened while we continued to innovate, expand around the world, and make strategic, long-term investments."

Google-owned sites generated $530 million, or 51% of total revenue, an increase of 118% over the fourth quarter of 2003. Revenue generated on Google's partner sites, through AdSense programs, contributed $490 million, or 48% of total revenue, a 92% increase over the comparable revenue generated in the same quarter last year.

"They were very, very strong on both the top and bottom lines," says Marianne Wolk, senior Internet analyst at Susquehanna Financial Group, which had predicted earnings of 70 cents per share last week. "Twenty-eight percent sequential growth was well above what anyone expected. It certainly shows that Google led the market this quarter."


Previous
Next
Fujitsu announces agreement with Hitachi on plasma display panel business        All News        Sony Cyber-shot W5 combines ease of use with high quality and traditional design
Sharp outdoes Sanyo in sales     General Computing News      Microsoft debuts search engine

Get RSS feed Easy Print E-Mail this Message

Related News
Google's Pichai Sees the End of Computers
AT&T To Take On Google Fiber With Super-Fast Broadband Services
Microsoft, Google Drop Complaints Against Each Other
Ad Business Keeps Fuelling Google's Alphabet Profit
Europe Sends Statement of Objections to Google on Android And Applications
Google Is Facing Charges Over Android
Supreme Court Lets Fair Use Ruling Stand in Google Books Litigation
Google Wants To Get Your Home Phone On Google Fiber
French Data Wathdog Fines Google Over 'Right to be Forgotten'
Russian Court Says Google Violated Antimonopoly Legislation
Google's AlphaGo AI Machine Defeated in Fourth Game
Google's AlphaGo Wins S. Korean Go Player Again

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .