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Google reported record revenues of $1.032 billion for the quarter ended December 31, 2004
Net income on a GAAP basis in the fourth quarter of 2004 was $204 million or $0.71 per share on a diluted basis based on 285.9 million weighted average shares outstanding.
The price of Google's keyword ads increased 20 percent to 25 percent in the past year as demand rose, said Jeff Lanctot, vice president of media at Internet ad agency Avenue A/Razorfish, a unit of Seattle-based Aquantive Inc
In another bullish sign, Google generated 51 percent — $530 million — of its fourth-quarter revenue from its own Web sites. Advertising on its own sites is more valuable to Google because it doesn’t have to share the money with its business partners.
So adwords is doing much better than adsense?