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April 19, 2007

Google beats the street again

Posted by David Hunter at 5:20 PM ET.

Despite appearances, this blog isn’t about Google, but it’s rather hard to discuss Microsoft these days without reference to the crew in Mountain View. Today Google announced earnings and once again blew past analyst expectations:

Google Inc. said Thursday that profits soared nearly 70 percent in the first quarter on the back of solid sales growth, allowing the world’s No. 1 search engine to keep its dominant spot in the red-hot online advertising business.

Excluding stock-based compensation as well as a tax benefit and other items, the company reported a profit of $3.68 a share, ahead of the $3.30 a share that analysts were expecting on this basis.

More details by following the link and in the press release. One highlight is that 47% of revenue now comes from outside the USA.

Other Microsoft-related GOOG news this week:

Filed under Argo, Coopetition, Google, Microsoft, Office, Zune

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2 Responses to “Google beats the street again”

  1. Google joins Cisco and Microsoft in video conferencing scramble -- Microsoft News Tracker Says:

    [...] The crew in Mountain View apparently has time (and certainly money) to spare as evidenced by yesterday’s quiet announcement that Google had acquired Marratech, a Swedish video conferencing provider. They now join Cisco, who just acquired WebEx, and Microsoft, who has Office Live Meeting acquired with PlaceWare, in the scramble for the “unified communications” dollars. Filed under Office, Coopetition, Google, Office Communications Server, Cisco, Live Meeting, WebEx, Microsoft [...]

  2. Google acquires Zenter, rounds out its online PowerPoint play -- Microsoft News Tracker Says:

    [...] Today Google announced that it had acquired the assets of Zenter, a small software developer, whose IP rounds out that obtained in the earlier acquisition of Tonic Systems in providing an online clone of Microsoft’s offline Office PowerPoint presentation development and display package. [...]

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