Google profit rises as sales double
Web search leader Google, in its first earnings report as a publicly held company, on Thursday posted quarterly net income and revenue that more than doubled on strong Web search advertising.
The results drove Google shares 8 percent, or more than $12, higher in extended trade after some initial confusion over how to compare the results to analysts’ broadly differing estimates that were created without input from Google - which does not issue financial forecasts.
Read the Share:
Microsoft first-quarter profit, revenue rises
- First ExpressCard-based TV tuner for Notebooks
- TI plans live TV for mobile phones
- 106 million Windows XP SP2's distributed
- DVD+R Double Layer reaches 8x recording speed
- Grand Theft Auto: San Andreas jacked
- Kazaa in decline
- Samsung to release 5-megapixel phone
- Lacie announces external SATA harddrive, high-end LCD
- Corsair announces 550 MHz DDR memory
Tight supply of ATI graphics chips may last another two weeks
- Sony wares win innovation award
- Intel pulls plug on TV chip plans
- Google patches new hole
- IBM Introduces New BladeCenter and "Business-in-a-Box" solutions for small and medium businesses
- Yahoo acquires another E-Mail startup
- SVP Beard: Sybase spreads Its reach
- Java Studio Creator Update targets Mac Developers
- Relativity prediction is correct
- NEC launches world's fastest supercomputer
Sponsored
See more
Latest news
Miscellaneous Previous news
Partners
