Google’s Numbers Do The Talking
Posted on April 19th, 2008 by Simon ChenGoogle blew the numbers out of the weeds. Again. There’s a lot of people who are predicting the slow demise of the search giant in the paid click space and who are salivating like Pavlovs dog, waiting for the day that they miss their numbers (even so slightly).
But they’ll have to wait a little longer.
The Mountain View company is on a 2008 revenue trajectory of US$20 billion. Profit is up 30% this quarter alone.
The financial markets may be melting faster than the arctic ice cap, but Google is proving that it’s business model is solid and sustainable.
I’ll let you know what the mood is like when I’m there next week.
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