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Wednesday, February 02, 2005

Google 4Q earnings increase sevenfold to $204.1 million

Category: Professional

Google earnings show a sevenfold increase in the fourth-quarter.
4Q Year 2003: $27.3 million (2.7 crore dollars)
4Q Year 2004: $204.1 million (20.41 crore dollars)
A 747% increase in earnings.

(GOOG last trade $191.90. Pre-market $215. NASDAQ debut on 19th August 2004 at $85)

The owner of the world's most popular search engine earned $204.1 million, or 71 cents per share, during the final three months of 2004. That compared to net income of $27.3 million, or 10 cents per share, at the same time in 2003.
Read more on Google's 4Q earnings.

Many Congratulations to everyone at Google.

- Google news results for Google fourth-quarter earnings.
- Google stock quotes.

A recent Pew Internet and American Life research report shows that only 1 in 6 Internet surfers understand the difference between Paid and Actual/Free search results.
This is good news for Google, Yahoo and others.
The market for search engine and contextual advertising is going to grow and grow.

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