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Reto Meier [PersonRank 10]

Thursday, October 18, 2007
16 years ago2,559 views

With Google announcing good 3rd quarter results it's share price has just moved its market capitalisation to almost US$2 billion, just above Cisco, making only Microsoft a more valuable tech company (with a cap of 2.8 billion).

Philipp Lenssen [PersonRank 10]

16 years ago #

From Google's release:

<<Revenues – Google reported revenues of $4.23 billion for the quarter ended September 30, 2007, representing a 57% increase over third quarter 2006 revenues of $2.69 billion and a 9% increase over second quarter 2007 revenues of $3.87 billion. Google reports its revenues, consistent with GAAP, on a gross basis without deducting TAC.

Google Sites Revenues – Google-owned sites generated revenues of $2.73 billion, or 65% of total revenues, in the third quarter of 2007. This represents a 68% increase over third quarter 2006 revenues of $1.63 billion and a 10% increase over second quarter 2007 revenues of $2.49 billion.

Google Network Revenues – Google's partner sites generated revenues, through AdSense programs, of $1.45 billion, or 34% of total revenues, in the third quarter of 2007. This represents a 40% increase over network revenues of $1.04 billion generated in the third quarter of 2006 and an 8% increase over second quarter 2007 revenues of $1.35 billion.

International Revenues – Revenues from outside of the United States totaled $2.03 billion, representing 48% of total revenues in the third quarter of 2007, compared to 44% in the third quarter of 2006 and 48% in the second quarter of 2007.>>
http://www.google.com/intl/en/press/pressrel/revenues_q307.html

Mysterius [PersonRank 10]

16 years ago #

[put at-character here]Reto Meier: I think your figures for market capitalizations are off by a factor of 100; shouldn't Google be just under $200 billion US?

Reto Meier [PersonRank 10]

16 years ago #

:) Indeed. Good call Mysterius.

Reto Meier [PersonRank 10]

16 years ago #

Just a quick follow up, Google opened today at 654.56, making its market cap around US$204 billion, breaking the $200bb mark for the first time.

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