Google is Way Up

By Deane Barker on October 21, 2005

Google stock surges after profit sails past expectations: Google is rocking Wall Street this morning.

Google said it earned $381.2 million in the quarter, seven times more than a year ago. Gross revenue shot up 96% to $1.58 billion.

Stock is up 12%. Analysts had predicted revenue at just under a billion — Google beat that by 50%.

Gadgetopia

Comments

  1. And much of that money is MINE. I can tell all, AdWords costs continue to escalate each and every month. The ROI is still there for companies, but clicks are dang expensive and many are plain wasted by click fraud or people just clicking for the hey of it.

    The growth will continue, but there is a max.

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