Google Kicking Ass On Wall Street
Google blew away analyst's expectations today, post a Q4 net income of $204 million on revenues of $1.03 billion. That's a 650 percent increase over Q4 of last year.
Even with the insane level of competition and the almost daily level of innovation coming from search engines like Yahoo, MSN, AskJeeves, and AOL; Google was still able to far outperform analysts most optimistic projections. Interestingly, much of the growth occured in markets outside the US - accounting for more than a third of sales in Q4.
Will Google prove to be the greatest business of all time? We might be watching it happen right before our eyes.
CNN Money has the scoop.
Even with the insane level of competition and the almost daily level of innovation coming from search engines like Yahoo, MSN, AskJeeves, and AOL; Google was still able to far outperform analysts most optimistic projections. Interestingly, much of the growth occured in markets outside the US - accounting for more than a third of sales in Q4.
Will Google prove to be the greatest business of all time? We might be watching it happen right before our eyes.
CNN Money has the scoop.

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