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Thread: Google's 600% profit increase

  1. #1
    temi's Avatar
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    Default Google's 600% profit increase

    Internet search engine Google has reaped the rewards of a rapid growth in search advertising with a near six-fold surge in quarterly earnings.
    Google reported a net income of $369.2m (£282.7m), or $1.29 a share, in the first quarter, compared with $64m, or 24 cents a share a year ago.

    The figures eclipsed even the most optimistic of Wall Street forecasts.

    Shares in Google rallied by more than $5 after the closing bell on Thursday to trade at $214 a share.


    source/full story: news.bbc.co.uk/1/hi/business/4470747.stm

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    mcfox Guest

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    Awesome performance by Google. I have played my own small part in boosting their profits

  3. #3
    Paul_KY is offline Senior Member Paul_KY is on a distinguished road
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    Time to short it again.
    "There's no such thing as impossible. It's a myth. Don't believe it."

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    temi's Avatar
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    Quote Originally Posted by mcfox
    Awesome performance by Google. I have played my own small part in boosting their profits
    Show me and active webmaster who hasn't

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  5. #5
    Win8282 Guest

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    Holy mama! btw termi (well im not a webmaster and im below 14 ) I haven't helped Google... yet . Hey, is that all in 1 year? man 600%?..... shoot

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