I think it's now clear that AdSense is the most efficient advertising/media business ever created. Google Q3 numbers are stunning... in fact, mindblowing.
From WSJ:
Google Inc. reported that its earnings nearly doubled and revenue soared 70% in the third quarter, a sign that the Web-search giant continues to gain market share as more advertisers shift their spending to the Internet. Shares jumped 9% after hours.
The Mountain View, Calif., company reported a net income of $733.4 million, or $2.36 a share, compared with $381.2 million, or $1.32 cents a share, a year earlier. Revenue rose 70% to $2.69 billion from $1.58 billion a year earlier. Excluding the payments Google makes to acquire Internet traffic, sales rose 79% to $1.86 billion.
Google said its operations outside the U.S. are playing a greater role in driving growth at the company. Non-U.S. sales contributed 44% of total revenue in the third quarter, compared with 39% a year earlier.
The company added 1,436 employees during the period, ending September with a total of 9,378 full time employees.
AdSense is the most efficient advertising/media business ever created.
Reader Comments
(Page 1 of 1)2. What about your boy Kaplan?
:-)
Posted at 4:53PM on Oct 19th 2006 by El Flailey
3. Wow! 9% jump after hours! That's HUGE on a $425 stock!
Posted at 4:56PM on Oct 19th 2006 by Scott Johnson
4. Is AOL going to come out with something like adsense and YPN?
Posted at 9:13PM on Oct 19th 2006 by Jon Waraas
5. "Google said its operations outside the U.S. are playing a greater role in driving growth at the company. Non-U.S. sales contributed 44% of total revenue in the third quarter, compared with 39% a year earlier."
Yes, the USA is not the center of the universe...Some folks still don't get it.
Posted at 10:02PM on Oct 19th 2006 by Dimitar Vesselinov
6. I tell ya, the differences in experience between Google AdWords and Yahoo Sponsored Search are interesting. Google's was simple and straightforward. Making changes is also simple. Yahoo is cumbersome and overly complex. Makes MySpace look like 37Signals.
Posted at 10:57PM on Oct 19th 2006 by Victor Agreda Jr
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1. Ad Sense in Web 2.0 will be big success. I definitely think we should start using more in the AOL world.
Manish
Posted at 4:08PM on Oct 19th 2006 by Manish