Search Engine Watch
SEO News

Go Back   Search Engine Watch Forums > Search Engines & Directories > Google > Other Google Issues
FAQ Members List Calendar Forum Search Today's Posts Mark Forums Read

Reply
 
Thread Tools
Old 04-22-2005   #1
lots0
 
Posts: n/a
Google's Profit way up

Amazing

Quote:
Google Inc.'s first-quarter profit surged to a nearly six-fold improvement...
Source: http://www.forbes.com/home/feeds/ap/...ap1967564.html


Quote:
Google Inc. on Thursday posted a quarterly profit nearly six times higher than a year earlier, blowing past Wall Street targets as search advertising grew rapidly.
Source:http://story.news.yahoo.com/news?tmp...oogle_earns_dc
  Reply With Quote
Old 04-22-2005   #2
Nacho
 
Nacho's Avatar
 
Join Date: Jun 2004
Location: La Jolla, CA
Posts: 1,382
Nacho is a splendid one to beholdNacho is a splendid one to beholdNacho is a splendid one to beholdNacho is a splendid one to beholdNacho is a splendid one to beholdNacho is a splendid one to beholdNacho is a splendid one to beholdNacho is a splendid one to behold
Thumbs up

Go Google!!!!! I think the statement that's got to say "OUCH!" is:
Quote:
That growth has made Google even more profitable than Sunnyvale-based Yahoo, a slightly older company with twice as many employees. Yahoo earned $204.6 million on revenue of $1.17 billion during its first quarter.
That's right, net income on a GAAP basis increased to $369 million or 29.4% of a record $1.256 billion in revenues for the first quarter of 2005 vs. 18% for Yahoo! I say "WOW"!

Not enough, here is more. One thing to keep a very good eye on:
Cash - As of March 31, 2005, Google had a cash, cash equivalents and marketable securities balance of $2.507 billion.

On a worldwide basis, Google employed 3,482 full time employees as of
March 31, 2005, up from 3,021 as of December 31, 2004.
Nice problem to have. Will it be a bubble that bursts? or will they manage it effectively well?

Last edited by Nacho : 04-22-2005 at 03:15 AM.
Nacho is offline   Reply With Quote
Old 04-22-2005   #3
hardball
Member
 
Join Date: Oct 2004
Posts: 83
hardball will become famous soon enough
I wonder how much of that revenue is squeaky clean. I find it surprising that there wasn't some disclosure in regards to click fraud.
hardball is offline   Reply With Quote
Old 04-22-2005   #4
lots0
 
Posts: n/a
Quote:
Several analysts have listed Google's singular dependence on search ad revenue as a key risk factor.
source:http://story.news.yahoo.com/news?tmp...oogle_earns_dc
(I added the bolding.)


No mention of the click fraud suit.

I don't think the googlies are worried about the law suit. They can just hire a bigger gaggle of lawyers to drag it out until everyone gives up and goes home or dies. In American courts, he/she with the most money wins most all of the time and google has the money...
  Reply With Quote
Old 04-22-2005   #5
arius
List your ecommerce site Free for a limited time! http://www.buying-directory.com
 
Join Date: Sep 2004
Location: Toronto
Posts: 41
arius is an unknown quantity at this point
Quote:
Originally Posted by lots0
In American courts, he/she with the most money wins most all of the time and google has the money...
Ouch! that is cynical. Google seems to have a pretty good track record of ethical behaviour. If they lose the good will of the advertisers, their customers, then there goes all their profits. Don't worry they'll address it. There future depends on it. That will be a win win for one and all.
arius is offline   Reply With Quote
Old 04-22-2005   #6
hardball
Member
 
Join Date: Oct 2004
Posts: 83
hardball will become famous soon enough
"Sergey Brin, who co-founded Google with Larry Page, addressed the issue of click fraud during a conference call. The practice -- which consists of illicit clicks on online ads as a way to steal money from Google and the advertisers -- has attracted a lot of attention recently as a potential hurdle to future growth.

"So far, there has not been a material issue for Google," Brin said. He added that the company's technology detects most of the click fraud before the company or its advertisers suffer a financial loss."

I guess we can all sleep better at night knowing that the fraud issue is just another myth. Sergey would tell us if something evil were afoot.
hardball is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off