Welcome to WebmasterWorld Guest from 54.144.107.83

Forum Moderators: goodroi

Message Too Old, No Replies

Google's 1Q profit climbs 30 pct

     

kaz

8:32 pm on Apr 17, 2008 (gmt 0)

Full Member

10+ Year Member

joined:May 1, 2002
posts:319
votes: 0


Google's revenue rose 42 percent compared to a year earlier.

[news.yahoo.com...]

11:10 pm on Apr 17, 2008 (gmt 0)

Moderator from US 

WebmasterWorld Administrator robert_charlton is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Nov 11, 2000
posts:11309
votes: 163


East Bay Business Times [bizjournals.com]...

Google's Q1 profit up 31% to $1.31B

Google Inc. on Thursday reported first-quarter net income of $1.31 billion, or $4.12 a share, compared to $1 billion, or $3.18 a share, in the same period last year.

12:20 am on Apr 18, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Mar 4, 2004
posts:683
votes: 0


I remember someone asking how accurate Comscore's data is in another thread a few weeks back.

My answer remains the same, although I'll rephrase it:

Comscore is about as accurate as consulting a Ouija Board.

Once again Google proves that the only people who really know what's going on at Google, are the top people at Google. No one else has all the data.

There will come a day when that will come back to haunt them.

12:41 am on Apr 18, 2008 (gmt 0)

Full Member

5+ Year Member

joined:Dec 8, 2006
posts:227
votes: 0


That actually makes sense - an average Adsense publisher made 1/3 less in the last quarter (or last 1-3 quarters), Google made 1/3 more.
1:01 am on Apr 18, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member 5+ Year Member

joined:Feb 13, 2008
posts:827
votes: 0


"an average Adsense publisher made 1/3 less in the last quarter (or last 1-3 quarters), Google made 1/3 more. "

Got a source for that? On WebmasterWorld, I think I've seen a good number of publishers saying they were even or up. Maybe we've seen more than an average number of people saying they are down, but then the people with poor results are more likely to post.

So, again, what's your source for that impressive statistic?

1:16 am on Apr 18, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Jan 25, 2004
posts:1042
votes: 3


So, again, what's your source for that impressive statistic?

They buy clicks low and sell them high; that much everyone can agree on.

1:23 am on Apr 18, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Jan 22, 2005
posts:1152
votes: 4


Ignore this. This Internet thing is a fad, a flash in the pan.
1:27 am on Apr 18, 2008 (gmt 0)

New User

5+ Year Member

joined:Apr 10, 2006
posts: 19
votes: 0


"Google boss Eric Schmidt said "innovation in search, ads, and apps" helped to boost earnings growth." Wrong - bleeding the #*$! out of your publishers since December helped boost earnings growth.

[news.bbc.co.uk...]

2:11 am on Apr 18, 2008 (gmt 0)

Senior Member

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

joined:June 1, 2004
posts:3181
votes: 0


Let's see, revenues up 41%, earnings up 31% - doesn't sound like they're ripping anyone off to me. Now if revenues were up 30% and earnings were up 40%, that would be a different story.
2:48 am on Apr 18, 2008 (gmt 0)

Full Member

joined:May 2, 2005
posts:212
votes: 0


Most of you were laughing at me when I said that quarterly Financial Reporting has impact on AdSense publishers.

[webmasterworld.com...]

Well, I'm the one laughing now. I bought GOOG stock last month at $430 ....

7:54 am on Apr 18, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member sem4u is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Dec 18, 2002
posts:3061
votes: 0


I wish I had bought GOOG stock last month...

I didn't believe the Comscore figures for a minute. Google was always going to make more profit than Q1 last year.

Over to you now Yahoo ;)

8:54 am on Apr 18, 2008 (gmt 0)

Preferred Member

10+ Year Member

joined:July 7, 2003
posts:533
votes: 11


I'd like to know what percentage is non-US revenue.

The falling dollar is bound to have helped these (USD) earnings.

9:08 am on Apr 18, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member sem4u is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Dec 18, 2002
posts:3061
votes: 0


I think it was 51%, just swinging away from mostly US revenue.
9:52 am on Apr 18, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:July 12, 2002
posts: 696
votes: 0


Looks pretty good on the surface - let's hope everyone doesn't go all gooey-eyed again and inflate that stock price too high... it would give G far too much buying power...

Also need to remember (and a few analysts are saying the same thing) that there mnay still be some skeletons in the closet to come on earnings etc. that may keep it all in check.

This could also be earnings manipulation - it is always simply a paper process to shift around expenses and earnings across quarters or to end of financial year etc to make interims seem better or worse. Of course it will always shake out (unlike Enron for too long) but be interesting to see whether any more Directors start seling their shares in the next few weeks.

Am I right in thinking investors get their profits purely on share price - ie there's no divi's right?

9:30 pm on Apr 18, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member 5+ Year Member

joined:Feb 13, 2008
posts:827
votes: 0


I'm still waiting for a source for the claim that the average publisher made 1/3 less last quarter.

BillyS has pointed out an interesting piece of news in the report: Google's revenues actually rose faster than their profits. So, compared to the previous quarter, they were distributing more of their earnings to their partners.

Of course, if you prefer to believe that Google keeps taking more and more from publishers, you are free to ignore that inconvenient fact.

4:17 am on Apr 19, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Dec 20, 2004
posts:2377
votes: 0


We have not seen any loss of revenue share from big G in the last year. The only thing that dinged us was the clickable area change. We took a small hit there.

Still ticks me off to no end that they let their big-dog publishers leave the full-ad clickable... The rich get richer...

5:21 am on Apr 19, 2008 (gmt 0)

Senior Member

WebmasterWorld Senior Member 5+ Year Member

joined:May 9, 2007
posts:1362
votes: 0


Don't know about being average, but it's certainly striking that my eCPM has detoriated over time to the degree that it does not make sense to update some of my sites as often as I used to. At the same time, Google is posting profit increases every quarter.

What really annoys me is the absence of a real competitor, the intransparency of Google's system, and the lack of any tools to control what ads are being displayed. I will cheer for 24 hours non-stop on the day GOOG stock will drop like a rock (yes, I still believe this day will come).

8:33 pm on Apr 19, 2008 (gmt 0)

Full Member

5+ Year Member

joined:Sept 15, 2006
posts:237
votes: 0


As an Adwords advertizer I can tell you that my average cost per click rose by approximately 31%.

I doubt it has much to do with the dollar being low against the Euro.

4:15 pm on Apr 20, 2008 (gmt 0)

Senior Member

joined:Dec 29, 2003
posts:5428
votes: 0


and here they go:
"Dollar's Drop Lifts Profits at Coca-Cola, Google "

Online auctioneer EBay Inc. said April 16 that the weak dollar contributed to a 32 percent gain in overseas revenue in the first quarter, twice as fast as U.S. sales. International sales make up 53 percent of the San Jose, California-based company's revenue.

Google, owner of the most popular Internet search engine, yesterday said international sales jumped 55 percent in the first quarter, helping the company top analysts' earnings estimates. Without the change in currency rates, revenue would have been $202 million lower, the Mountain View, California-based company said.

from the OP story:
"After subtracting the commissions paid to the company's advertising partners, Google's revenue stood at $3.7 billion about $100 million above analyst estimates."

So, Goog would have been $100 mil short had the dollar stayed the same.