Google's Search for Profits Yields $1 Billion
The Google train keeps a-rolling, pulling in more money, more press and more
search market share.
All this momentum pushed
revenues to $3.6 billion for the latest quarter with profits of over a billion
dollars (who says software doesn't have healthy margins?).
While pundits see Google as perhaps the future of end user software, the vast
majority of Google's dough comes from good, old-fashioned ad dollars, which
are spent in new-fashioned ways.
The real question is: What will Google build (or buy) with its increasingly
large cash reserves?
Posted by Doug Barney on April 23, 2007 at 11:52 AM