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.
Subscribe to:
Post Comments (Atom)
1 comment:
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. :)
Post a Comment