Google’s record 1st quarter growth
While Wall Street had been predicting that Google would take a tumble this quarter, the internet juggernaut has continued to outperform the competition
While Wall Street had been predicting that Google would take a tumble this quarter, the internet juggernaut has continued to outperform the competition, silencing the naysayers with a sound revenue win in the first quarter.
Excluding the advertising commissions it pays to website publishers that carry its ads, Google posted revenue of $3.7 billion. The company had net income of $1.31 billion, or $4.12 per share, compared with $1 billion, or $3.18 per share in 2007’s first quarter. Ever wished you could go back in time and grab yourself some cheap shares???
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