Google - Revenues of $5.19 Billion

[kappa84]

Google has just announced its financial results for the quarter ended on March 31, 2008, revealing revenues of no less than $5.19 billion for this period. This is an increase of 42 percent compared with the same period of 2007 and an increase of 7 percent from the fourth quarter of 2007.

The websites owned by Google brought to the company revenues of $3.40 billion which actually means 66 percent of the total amount.

Google's network, and especially the partners of the AdSense network, generated revenues of $1.69 billion, which represents 33 percent of the total amount. Moreover, this reveals an increase of 25 percent recorded in the first quarter of 2007 and a 3 percent increase of the 4th quarter of 2007.


Source: Google press release

 

[hasan_889]

Google has just announced its financial results for the quarter ended on March 31, 2008, revealing revenues of no less than $5.19 million for this period.

You just misplaced a 'm' with a 'b'.

Although US market is in great trouble, Google has a surprise profit in their revenue.

Amazing ... as a result Google's share took a sharp increase 430+ to 530+ per share!

 

[kappa84]

Thanks Hassan, typos happen.

Google makes a lot of money from the acquired companies and will make money without a doubt in the future too. Though the increase it's very big, quite surprising...

 

[hasan_889]

Google makes a lot of money from the acquired companies

Here is a list of all companies Google acquired till date en.wikipedia.org/wiki/List_of_Google_acquisitions

 

[Escorter]

Does anybody have a link to where I can purchase Google shares??

 

[kappa84]

"How can I invest in Google? Can I purchase Google stock directly from the company?

You can purchase stock in our company through a registered brokerage or stock purchase service provider of your choice. You cannot buy Google stock directly from the company."

Source: Google Investor Relations
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