February 1, 2007

"Google Posts Sharp Rise in Sales and Profits."

Too big to care anymore?
Google said net income for the quarter nearly tripled to $1.03 billion, or $3.29 a share, up from $372.2 million, or $1.22 a share, in the fourth quarter of 2005. Excluding charges related to stock-based compensation and other adjustments, the company earned $997 million, or $3.18 a share, in the latest quarter.

Google’s quarterly revenue rose 67 percent. to $3.21 billion, from a year earlier. Google sells ads that are displayed on other sites and passes most of the revenue from those ads to the owners of those site. Excluding those payments, Google’s revenue totaled $2.23 billion in the fourth quarter.
I used to have their AdSense ads up. I took them down, though, because the amount of money is so small that it's not worth the clutter on the page. The amount of money for me, that is. For them... those pennies pile up into billions.

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