Sunday, April 18, 2010
Has Google Hit the Ceiling?: "Google has just released its first-quarter results and, unsurprisingly, they show that the search engine giant is still making healthy profits, despite the slight cock-up of the Nexus One launch and the China debacle. Profits were up 37% to $1.96 billion, while revenue was up 23% to $6.78 billion, although the firm's share price dipped by 4.6% on the news. Analysts gave a general thumbs-up to the results, pointing out that Google is a victim of its own success, as its investors were probably expecting higher numbers."
at 7:17 AM