Google Has Blowout Quarter: Income Up 23%; Earnings Up 18%; Clicks Up 16%

[Archangel]

After the stock market closed today Google reported that it profits for the 3rd Q 2010 blowing away the projections and causing the stock to rise almost 10% in after hours trading.

Revenues jumped 23% to $7.3 billion, from $5.94 billion last year.

Net income was up 18% to $2.2 billion

http://www.thedomains.com/2010/10/1...ter-income-up-23-earnings-up-18-clicks-up-16/

 

[exponent]

Google had a blowout quarter at the expense of it's workers. No, I don't mean the ones working at the Googlelplex, I mean the ones creating web pages, building content, and advertising their sites.

 

[BizBot]

Google stock went up $60.06 per share today. That's great news for those of us who own shares. :lala:

 

[enlytend]

According to Comscore, their search share went up 0.7% in September also.

 

[mynpid2010]

I see it as a good news for domaining and related development industry. This only indicates that we are part of growing industry. Any negative news would have made us think about future of our industry. Good to know that recession has not been able to touch our industry.

 

[Archangel]

I'd think twice about this statement.

Good to know that recession has not been able to touch our industry.

 

[labrocca]

Google had a blowout quarter at the expense of it's workers. No, I don't mean the ones working at the Googlelplex, I mean the ones creating web pages, building content, and advertising their sites.

Google does better than anyone else sharing it's revenue with content providers. They added the Youtube Rev Sharing and that's probably a great reason for their burst in income.

Give me anyone else that does what Google does and does it better. Certainly not Ebay. Even Facebook doesn't do jack for it's members or even it's app creators. Twitter...that's joke.

If you want to make money online by making content you have one obvious partner. That's Google.

 

[Blake]

Google does better than anyone else sharing it's revenue with content providers. They added the Youtube Rev Sharing and that's probably a great reason for their burst in income.

Give me anyone else that does what Google does and does it better. Certainly not Ebay. Even Facebook doesn't do jack for it's members or even it's app creators. Twitter...that's joke.

If you want to make money online by making content you have one obvious partner. That's Google.

That is so very true! Rep sent

 

[allisontietge]

it is a great pleasure to hear that the stock market for Google has increased rapidly that is amazing.