Wednesday, February 02, 2005

Google's revenue doubled to 1 billion US dollars

Google posted its quarterly earning yesterday,reporting that the earnings were seven times higher than a year earlier on revenue that doubled to more than $1 billion, according to Reuters.

The result has beated the analyst's estimate profit that an analyst said that " "Revenue is well ahead of anybody's expectations."

It should be interesting to see how much the world advertises spend these year and how much the traditional media has lost.

It is also interesting to do some research on how many percentage of people will click to advertising link when they use Google or Google adsense.

3 comments:

無塵工作室 said...

I am surprised to hear this. Good for Google!

I myself hadn't clicked any of thos ads becasuse I use google mostly for scientific research purpose, so those commercial ads is no use to me, but considering that whatever you search they can have an ad for it, I think their revenues are truely earned.

The question for me is: how long can they sustain this growth? Given the market capitalisation they worth now.

Amy or koala said...

It is hard to say now. In one hand, the market for online advertisement is till small compared with the one on the other media like TV. But it continues developing now. In another hand, the competitors are growing up, too. Some big ones, like Microsoft and Yahoo, may compete hardly with Google. Some search engines are using the same mode now. I believe Google is good at coming up new idea ahead of its competitors, like Google library and Google scholar. So I will choose to buy Google's share in the short term if I have money. :)

無塵工作室 said...

haha...I wanted to as well...but I think they'are now very expensive - $200 a share (USD).