<< "Strong international growth as well as sustained traffic increases on Google's web properties propelled us to another strong quarter, despite a more challenging economic environment," said Eric Schmidt, CEO of Google. "As we continue to focus on innovating in our core business of search, ads and apps, we also look forward to enhancing the experience of our users and expanding the reach of our advertisers and partners with new technologies and formats, particularly as our integration of DoubleClick gains momentum and creates new opportunities in display advertising and elsewhere." >>
A few highlights:
* Revenues had a 3% increase over first quarter 2008 revenues.
* Paid clicks decreased approximately 1% over the first quarter of 2008
* As of June 30, 2008, cash, cash equivalents, and marketable securities were $12.7 billion
* Added 448 New Employees since March 31st.
http://www.google.com/intl/en/press/pressrel/revenues_q208.html |
The expectations were a little higher:
http://valleywag.com/5026335/forecasting-googles-second+quarter-earnings
so the stock is down after hours:
http://www.google.com/search?q=goog |
