Google's TRIPLES 4th Quarter Profits - WickedFire - Affiliate Marketing Forum

aim · 02-01-2007, 02:26 AM

By Alan Sipress
Washington Post Staff Writer
Thursday, February 1, 2007; Page D01

Google said yesterday that its fourth-quarter profit nearly tripled from a year ago, as the world's most popular search engine continued to expand its dominant role on the Web, especially in the highly lucrative area of online advertising.

The company said its profit increased to $1.03 billion from $372.2 million in the fourth quarter of 2005. Revenue reached $3.21 billion, up 67 percent. For the year, profit more than doubled, to $3.08 billion from $1.47 billion, while revenue rose 73 percent, to $10.6 billion.

Chief executive Eric E. Schmidt attributed the company's success to its search engine. "Search is getting better and better as we continue to innovate around the globe," he said in a conference call with analysts.

Search has become the main way users navigate the Web. It has also helped revolutionize the marketing business through ads tailored to match specific search requests.

The eight-year-old Mountain View, Calif., company has inexorably widened its lead over other search engines despite rivals' intensive efforts to improve their offerings. During the past two years, Google's share of U.S. searches expanded to 47 percent from 35 percent while Yahoo's slipped to less than 29 percent from 32 percent and Microsoft's fell to less 11 percent from 16 percent, according to ComScore Networks. Worldwide, Google is even more dominant, with 65 percent of all searches, according to ComScore.

Google's stellar earnings contrasted with far less encouraging results last week from Yahoo and Microsoft. Yahoo reported a 61 percent drop in quarterly profit as it continued to fall further behind in the contest for search-related ad revenue. Though Microsoft fared better, its executives acknowledged that they were unhappy with their declining share of the search-based-ad market.

Stanley · 02-01-2007, 10:31 AM

Google is getting greedy

benoitb · 02-01-2007, 12:51 PM

Hah, Google is not even warm. Don't you wish you had stock?

Stanley · 02-01-2007, 10:02 PM

not really. their shares are down -19.75 today

roadies · 02-02-2007, 01:02 AM

damn monies - GOOGLE FTW!!

I wonder if booble will ever catch up.

Adsense Loser · 02-02-2007, 01:14 AM

Google is unstopable

z00pedup · 02-04-2007, 06:09 PM

Dam company stock options.. Even the PA's are driving Ferrari's

zeus1000 · 04-04-2007, 04:26 PM

Stock price will be up!

That is for sure!

alistdirector · 04-06-2007, 01:40 PM

Quote:

Originally Posted by stanley

Google is getting greedy

how??

int_josh · 04-12-2007, 05:13 PM

maybe it's time for yahoo to take a thumb out of their ass and allow for high volume keyword uploads without declining 90%.

02-01-2007, 02:26 AM	#1 (permalink)
aim Senior Member Join Date: Jan 2007 Location: Minneapolis, MN Posts: 1,143	Google's TRIPLES 4th Quarter Profits By Alan Sipress Washington Post Staff Writer Thursday, February 1, 2007; Page D01 Google said yesterday that its fourth-quarter profit nearly tripled from a year ago, as the world's most popular search engine continued to expand its dominant role on the Web, especially in the highly lucrative area of online advertising. The company said its profit increased to $1.03 billion from $372.2 million in the fourth quarter of 2005. Revenue reached $3.21 billion, up 67 percent. For the year, profit more than doubled, to $3.08 billion from $1.47 billion, while revenue rose 73 percent, to $10.6 billion. Chief executive Eric E. Schmidt attributed the company's success to its search engine. "Search is getting better and better as we continue to innovate around the globe," he said in a conference call with analysts. Search has become the main way users navigate the Web. It has also helped revolutionize the marketing business through ads tailored to match specific search requests. The eight-year-old Mountain View, Calif., company has inexorably widened its lead over other search engines despite rivals' intensive efforts to improve their offerings. During the past two years, Google's share of U.S. searches expanded to 47 percent from 35 percent while Yahoo's slipped to less than 29 percent from 32 percent and Microsoft's fell to less 11 percent from 16 percent, according to ComScore Networks. Worldwide, Google is even more dominant, with 65 percent of all searches, according to ComScore. Google's stellar earnings contrasted with far less encouraging results last week from Yahoo and Microsoft. Yahoo reported a 61 percent drop in quarterly profit as it continued to fall further behind in the contest for search-related ad revenue. Though Microsoft fared better, its executives acknowledged that they were unhappy with their declining share of the search-based-ad market.

02-01-2007, 12:51 PM	#3 (permalink)
benoitb Entrepreneur Of The Year Join Date: Dec 2006 Posts: 17	Hah, Google is not even warm. Don't you wish you had stock? __________________ Dataracks.net \| Ultra-Reliable Hosting.™

02-02-2007, 01:02 AM	#5 (permalink)
roadies Trippin' Join Date: Jul 2006 Location: Vegas Posts: 143	damn monies - GOOGLE FTW!! I wonder if booble will ever catch up. __________________

02-02-2007, 01:14 AM	#6 (permalink)
Adsense Loser XLACF is mirror internet Join Date: Oct 2006 Posts: 484	Google is unstopable __________________ DOn't yA KnOw CrAck KillzZ!!!

02-04-2007, 06:09 PM	#7 (permalink)
z00pedup Old Skool Join Date: Jul 2006 Location: South Africa Posts: 454	Dam company stock options.. Even the PA's are driving Ferrari's __________________ my blog my social network

02-01-2007, 10:31 AM	#2 (permalink)
Stanley Join Date: Jun 2006 Location: Brooklyn, NY Posts: 3,099	Google is getting greedy

02-01-2007, 10:02 PM	#4 (permalink)
Stanley Join Date: Jun 2006 Location: Brooklyn, NY Posts: 3,099	not really. their shares are down -19.75 today

04-04-2007, 04:26 PM	#8 (permalink)
zeus1000 Banned Join Date: Apr 2007 Posts: 9	Stock price will be up! That is for sure!

04-12-2007, 05:13 PM	#10 (permalink)
int_josh Senior Member Join Date: Nov 2006 Posts: 346	maybe it's time for yahoo to take a thumb out of their ass and allow for high volume keyword uploads without declining 90%. __________________ Life, Liberty, Pursuit

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