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.

Google generated revenue of US$5.19 billion for the quarter that ended March 31, up 42 percent compared with 2007’s 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???

Leave a Reply