Google Q4 net rises 5-fold to $1.9 billion
January 28th, 2010 by admin, 4 Comments »
New York: Internet search engine Google has reported a five-fold jump in net income at $1.97 billion in October-December quarter, driven by robust sales figure due to rebound in advertising market.
In the year-ago period, the company had a net income of $382 million, Google said in a statement. Google’s sales clocked a double digit growth in the quarter under review as revenue rose by 17% to $6.67 billion. Google had a strong fourth quarter, with 17% year-over-year revenue growth .Given that the global economy is still in the early days of recovery, this was an extraordinary end to the year,” Google CEO Eric Schmidt said. The company’s sales boosted on the back of a rebound in advertising market. Advertisers paid 5% more per click on ads serve on Google’s website in fourth quarter compared to what they paid a year ago.
Google’s revenue from paid clicks on ads served on it’s wed sites went up 13% from last year .Google-owned sites generated revenues of $4.42 billion,or 66% of total revenues, in the fourth quarter of 2009, compared to $3.81 billion in the year-ago period.
Google posted a net income of $6.52 billion for the year 2009 compared to $4.22 billion in 2008. our performance in 2009 underscored the strength of our management team, the resilience of our business model and the pace of innovation within our product and engineering teams, which continued unabated throughout the downturn,” Schmidt added.
HE further said that the company remains hugely optimistic about the Internet and would continue to invest heavily in technological innovation.
Tags: ads, Google, Google revenue, Internet search engine, News, product, sales
Search Engines Parser is enormously fast, 100% automatic search engine results extractor you were dreaming about for many times. Search Engines Parser can extract results from all search engines at the same time, parse titles, descriptions and links automatically. You can specify which search engine(s) to use and what kind of data to parse. Search Engines Parser can output results to screen, export to MySQL database and write to CSV file.
February 11, 2010 at 7:45 pm.
Submit Links to Social Bookmarking Websites Automatically! Get Thousands of Visitors! Increase Website Traffic and Income with Automatic Social Bookmarks Submitter. Prepare to upgrade your servers today – you will have thousands of real and highly targeted visitors who will make you the money like crazy!
February 13, 2010 at 1:24 pm.
What a great resource!
February 16, 2010 at 2:48 pm.
Hi everyone
Just introduce myself: I am a man (says my wife), I am 50 years old (hmm, that looks bad isn’t it?) and I am a terrible bad programmer (I say myself).
My hobbies: computer (of course), my 17 years old son and of course my wife. I like to play billiard, I do a very little bit and very simple programming in VB and I try to make a site for my billiard-club in the near future.
thanks, John from Personal Loans.
July 10, 2010 at 6:30 pm.