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Apr20
Google the Gorilla Grinds on!

There’s something about Google that is inexorable when it comes to momentum and a feeling that it will swallow everything in its path and just keep coming. Ergo, the news that Google delivered very impressive quarterly financial results Thursday in stark contrast to the dismal performance chief rival Yahoo! put in earlier this week. Google's Q1 revenue on a like-for-like basis was $3.67 billion, up nearly 65 percent from the same period a year ago. Net income for Q1 rose to $1 billion, up nearly 70 percent from the year-ago period. The results blew past analysts' estimates. Google CEO Eric Schmidt, (who is now one of richest people on the face of the planet) stressed Google's opportunity in foreign markets, as international sales represented 47 percent of Google's revenue in the quarter, up from 42 percent a year ago. All I can say is that the rest of the “traditional” players in the ad biz are in deep do-do when it come to trying to survive against this 800 Kiloton gorilla!

google_gorilla_03.jpg

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Hi... My name is Google... Wanna play?

 




 

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