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Google Profit Soars

     
9:06 pm on Apr 21, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



They are making a massive profit.

[theglobeandmail.com...]

I keep lowering my bids and their profit continues to rise. I guess I don't have that great an impact.

3:55 am on Apr 22, 2005 (gmt 0)

WebmasterWorld Senior Member vitaplease is a WebmasterWorld Top Contributor of All Time 10+ Year Member



I like this part:

Eric Schmidt, Google's chief executive, warned investors yesterday that the company's high profit margins might come down. And he said the company planned to increase its capital spending sharply. But in an interview, he said margins were higher in the last quarter because the company simply could not spend money fast enough.

"Our revenue growth appears to be outpacing our ability to hire the talent we need," he said. Google increased its staff in the quarter to 3,482 full-time employees, from 3,021 at the end of December.

from: [nytimes.com...]

1:15 pm on Apr 22, 2005 (gmt 0)

10+ Year Member



The Register notes that almost half it's income came from site's it owns :
[theregister.co.uk...]

does anyone have a list of google owned sites?

9:17 pm on Apr 23, 2005 (gmt 0)

10+ Year Member



"does anyone have a list of google owned sites?"

That's easy, they're all ranked #1 - #10.
Where do you think all of our sites and cash flow has gone over the last year?

 

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