October 19, 2007
Google Q3 Revenue Soars 57%
Google has announced its Q3 results and they're doing just fine.
Google reported revenues of $4.23 billion for the quarter ended September 30, 2007, an increase of 57% compared to the third quarter of 2006 and an increase of 9% compared to the second quarter of 2007.
Their stock as of this writing is over $639.
Will they hit $700? Some people say yes. Others are not so sure.
Coverage continues at Search Engine Land and Techmeme.
Maybe this is why AdSense publishers are doing so well. But then again, a forum member suspects that the financial gains have something to do with higher PPC costs. Supply and demand, my friends.
Forum discussion continues at WebmasterWorld.
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Tamar Weinberg in Google News & Press at October 19, 2007 9:32 AM
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Until something comes along that is better than Google (and something will one day) I don't think Yahoo!, Microsoft, and AOL have much of a chance of catching up. Google seems so far ahead of the pack now and the creativity of their management should keep them there. http://www.newsvisual.com/newsvisual/2007/10/google.html
Posted by Ah..... at October 19, 2007 11:02