Thursday, October 15, 2009

Google did it again! Great quarter!

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Google's 2009 3rd quarter earnings:
- A total of $5.94 billion in revenues which is a 7% last years $5.54 billion
- A total of $3.96 billion in revenues from Google-owned sites, amounting to 67% of the overall revenues for the Q3. This is a clear 8% from the same period last year which is $3.67 billion
- $1.80 billion revenue from the Google AdSense program representing 30% of the overall revenues. And this registers for a 7% increase in previous year’s earnings
- Even Google’s revenues from international partners and offices showed positive sign, getting $3.14 billion which is 53% of total Google revenues.

With a 22 billion war chest Google can make their visions come true. They introduced service after service in the last couple of years. GMail, Earth, Picasa, Chrome, Google Phone, Google Voice (Google phone number and service)... And Chrome OS will be one serious step into cloud computing by getting the best out of all the individual services.

Google CEO Eric Schmidt:
“While there is a lot of uncertainty about the pace of economic recovery, we believe the worst of the recession is behind us and now feel confident about investing heavily in our future.”

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