Google Revenue Surges
July 14, 2011
I read the Computerworld version of the Google revenue blow out. The story was “Update: Google Q2 Revenue Up 32% to $9B-Plus.”
Here’s the passage I noted:
Most of Google’s revenue — 97 percent — came from advertising, while the rest was generated by its emerging businesses, such as enterprise software and mobile.
Google is doing well as an online advertising system. Other attempts at revenue diversification are growing but not reducing Google’s dependence on ads.
Here’s a bonus quote to note:
"We’re only at 1 percent of what’s possible," Page said.
Here’s a factoid:
At the end of the second quarter, Google had $39.1 billion in cash, cash equivalents and marketable securities, and 28,768 full-time employees worldwide.
Fascinating and Googley.
Is Google a zero gravity, friction free, perpetual motion machine? I am a believer. What can possibly go wrong?
Stephen E Arnold, July 15, 2011