Internet Marketing Monitor
April 20, 2007
Filed Under (Google) by Matt / Derick on 04-20-2007

Congrats are in order for Google.  Mountain View posted terrific earnings and growth for the first quarter:

  • Increase in net profit of 69%
  • Increase in net income to $1 billion
  • Increase in gross revenue of 63%

What's interesting is Wall Street's reaction.  One quarter they knock Google for being a one-hit wonder (search revenue).  The next quarter they hail Google's amazing business model.  But nothing has changed.  Google still makes its money from one revenue source.

At the very least… Wall Street could be consistent.

- Matt 

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1 Comment posted on "Google Posts Great Q1 Results & Wall Street Swoons… This Time"

[…] Microsoft announced nearly $5 billion in net income on $14.40 billion for the quarter (compared to Google’s $1 billion). Congrats to Microsoft on a great […]


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