Google Beats All Expectations (Again).
Posted on October 19th, 2007 by Simon Chen
They might have missed last quarter’s numbers and they took some flak for their hiring frenzy. But, the numbers have just come in for the 3rd quarter. They obviously had the conference phone on mute when they took the questions from analysts last quarter regarding their rate of hiring as this most recent result includes a record hire of 2,130 employees (that’s nearly 1 person every hour for each day for the last 90 days). Total headcount now is just now north of 16,000 people.
Actions are louder than words. The numbers tell the story. The search company, now just 10 years old, has a market cap of US$200 billion. There are only 8 other companies above them on the list, and if the results of this most recent quarter are anything to gauge, by the time the next analyst call comes around, there will only be 4.
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