Forum Moderators: martinibuster
Google Inc. on Thursday said second-quarter profit quadrupled as more people clicked on online ads, yet signs that the company's astounding growth was tapering off sent its shares tumbling nearly 6%.
(The price actually dropped a total of 10 percent in after-hours trading according to other reports.)
Revenue from the ads Google brokers on the websites of partners such as Time Warner Inc.'s America Online rose 82% to $630 million.
Article [latimes.com]
Direct quote from Google's 2nd qtr statement:
The Google Network - Revenues generated on Google's partner sites, through AdSense programs, contributed $630 million, or 46 % of total revenues, an 82% increase over the Network revenues generated in the same quarter last year.
Google's 2nd qtr Report [investor.google.com]
One other thing interests me. Revenue on Google itself grew by 115% over the previous year. Revenue on the network grew by "only" 82%. Does that mean there's untapped demand for more growth?
One other thing interests me. Revenue on Google itself grew by 115% over the previous year. Revenue on the network grew by "only" 82%. Does that mean there's untapped demand for more growth?
Yes, for three reasons:
1) Many AdWords advertisers still aren't using the content network;
2) The online advertising industry is barely out of diapers.
3) Google has begun to introduce new AdSense products (such as site-targeted CPM ads) that will appeal to a broader range of advertisers.
Surprised this isn't being discussed yet.
There was another thread about it here, but I guess yours came first :)
[webmasterworld.com...]