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Google beats Wall Street, revenue up 57%

by bansi Prodigy(October 2007) (rank 25th)

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Google, reported a strong growth in sales and profits that beat Wall Street's estimates, a further sign of Google's dominance in the lucrative online advertising market.

 
 
 

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Re: Google beats Wall Street, revenue up 57%

HIPjobs
Vote:

October 2007

Thanks for pointing this out.
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Re: Google beats Wall Street, revenue up 57%

WarrenDuff
Vote:

October 2007

An interesting quote from the article:

But Google still has a start-up mentality in many ways. It continues to use its profits to invest heavily in both new employees and infrastructure. The company reported that it ended the third quarter with 15,916 employees worldwide, up 15 percent from the end of the second quarter. The company also said it spent $533 million on capital expenditures during the quarter.

So with DoubleClick purchase expected to close shortly and a desire to keep spending, what is next on the list for Google to buy?  Anyone wnat to throw out a few ideas as to what will be the next Google property?

 

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Re: Google out of fear

sanmat
Vote:

October 2007

Google is acquiring companies because they want to utilize them 100%, rather out of fear. Take the case of Doubleclick. It was out of fear that it will grow soon or it will be aquired by MS or Yahoo.

http://blogkatt.blogspot.com/2007/10/googles-another-venture-social.html
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