The first official quarterly rerpot after Google's IPO is coming and it is pretty.
The estimate yearly revenue for 2004 should be around 3 billions (plus minus 200 millions). This is using their most recent accounting method which includes the payement to the partners of Google networks. The netincome is around 1 billion, if stock options compenstation was not deduced from the net income.
Microsoft could enter the market and obtain certain share but Google is standing solidly on the ground now. To beat Google, Microsoft has to come up with very ingenious plan and it will take them quite a few years to beat Google.
Google predicted that the number of advertiser accounts will jump from 280,000 this year to 378,000 in 2005, according to the documents. From 2004 to 2008, the number of accounts is expected to more than double to 652,050
From an analyst question in the conference call: EPS is $0.70 if you exclude stock-based compensation and the other one-time charges, and this appears to be the number that analysts are looking for. In that case, GOOG performed better than even the highest analysts estimate ($0.61).