Google - Performance
This knol is meant for tracking the progress of google. Knol author have interest in the progress of Google. Knol authors have to take interest in promoting their knols as well as knol platform.
Authors
Warning
Google, the Internet search engine giant, is resorting to austerity measures, The Wall Street Journal reported.
http://infotech.indiatimes.com/News/Look_how_Google_is_cutting_costs/articleshow/3788131.cms
Prominent among them include cutting new projects.
Schmidt , CEO, said the company is “not going to give” an engineer 20 people to work with on certain experimental projects anymore.
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Some more astonishing news
Global Equities Research analyst Trip Chowdhry says Google (GOOG) will post revenue declines for the next three years -- $15.71 billion in 2008, $15.23 billion in 2009 and $14.57 billion in 2010.
Chowdhry says contacts tell him Google's number of keywords sold is down 2% to 5%. He claims bids on keywords are down by as much as 20%.
Source:
http://www.alleyinsider.com/2008/12/analyst-google-revenues-will-shrink-till-2010
Yahoo Finance Compilation
Yahoo Finance includes Trip Chowdhry's estimate as the lowest estimate for Google's earnings for 2009.
Revenue Est | Current Qtr Dec-08 | Next Qtr Mar-09 | ||
Avg. Estimate | 4.24B | 4.41B | Dec 08 15.87B | Dec 09 18.56B |
No. of Analysts | 31 | 18 | 31 | 31 |
Low Estimate | 4.03B | 3.82B | 15.67B | 15.23B |
High Estimate | 4.60B | 4.84B | 16.24B | 21.01B |
Year Ago Sales | 3.39B | 3.70B | 11.66B | 15.87B |
Sales Growth (year/est) | 25.2% | 19.1% | 36.1% | 16.9% |
Source:
Profits down in Dec-08 quarter
Google - First Quarter 2009 Results
Q1 Financial Summary
Google reported revenues of $5.51 billion for the quarter ended March 31, 2009, an increase of 6% compared to the first quarter of 2008 and a decrease of 3% compared to the fourth quarter of 2008. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the first quarter of 2009, TAC totaled $1.44 billion, or 27% of advertising revenues.
GAAP operating income for the first quarter of 2009 was $1.88 billion, or 34% of revenues. This compares to GAAP operating income of $1.86 billion, or 33% of revenues, in the fourth quarter of 2008.
GAAP net income for the first quarter of 2009 was $1.42 billion as compared to $382 million in the fourth quarter of 2008.
GAAP EPS for the first quarter of 2009 was $4.49 on 317 million diluted shares outstanding, compared to $1.21 for the fourth quarter of 2008 on 317 million diluted shares outstanding.
Google Sites Revenues – Google-owned sites generated revenues of $3.70 billion, or 67% of total revenues, in the first quarter of 2009. This represents a 9% increase over first quarter 2008 revenues of $3.40 billion and a 3% decrease from fourth quarter 2008 revenues of $3.81 billion.
Google Network Revenues – Google’s partner sites generated revenues, through AdSense programs, of $1.64 billion, or 30% of total revenues, in the first quarter of 2009. This represents a 3% decrease from first quarter 2008 network revenues of $1.69 billion and a 3% decrease from fourth quarter 2008 network revenues of $1.69 billion.
International Revenues – Revenues from outside of the United States totaled $2.88 billion, representing 52% of total revenues in the first quarter of 2009, compared to 51% in the first quarter of 2008 and 50% in the fourth quarter of 2008.
Employees – On a worldwide basis, Google employed 20,164 full-time employees as of March 31, 2009, down from 20,222 full-time employees as of December 31, 2008.
Decrease in Revenue Quarter by Quarter
Google reported revenues of $5.51 billion in the first quarter of 2009, representing a 6% increase over first quarter 2008 revenues of $5.19 billion and a 3% decrease from fourth quarter 2008 revenues of $5.70 billion.
Source: http://investor.google.com/releases/2009Q1_google_earnings.html
While the revenue has declined quarter by quarter, the CEO seems to have indicated a feeling of stength that Google can handle the cost side and weather the recession. That is a good news for google's partners. Google has done some cost cutting and was able to control the cost on a stable or decreasing revenue environment.
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Performance Improvement in Third Quarter 2009
Net Income rose to $1.64 billion (+27%).
Revenue increased to $5.94 billion (+7% over last year and +8% over last quarter)
http://online.wsj.com/article/SB10001424052748704107204574474822581549710.html
27.5.2009
I read a news item that twitter's users have jumped to an estimated 32.1 million from 1.6 million a year ago.
Will knol also have a similar performance? In the next year it will grow phenomenally compared to the present visitors and page views.
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Strongest Revenue Growth in Quarter - 4th Quarter 2009
24.1.2010
Hope Google funds Knol also adequately.
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Google Operating and Financial Performance - 2011
First Quarter
Revenues – Google reported revenues of $8.58 billion in the first quarter of 2011, representing a 27% increase over first quarter 2010 revenues of $6.77 billion. Google reports its revenues, consistent with GAAP, on a gross basis without deducting TAC.
Google Sites Revenues – Google-owned sites generated revenues of $5.88 billion, or 69% of total revenues, in the first quarter of 2011. This represents a 32% increase over first quarter 2010 revenues of $4.44 billion.
Google Network Revenues – Google’s partner sites generated revenues, through AdSense programs, of $2.43 billion, or 28% of total revenues, in the first quarter of 2011. This represents a 19% increase from first quarter 2010 network revenues of $2.04 billion.
http://investor.google.com/earnings/2011/Q1_google_earnings.html
Results announcements of various quarters and years are available in http://investor.google.com/webcast.html
Google's India Bets for 2011
Interview by Incoming and Outgoing India Chiefs
http://www.livemint.com/2011/04/14224132/India-will-be-an-8216online.html?atype=tp
Googles existing top business areas in India - Search, Gmail, Video, Maps
Hi RaoGaaru,
ReplyDeleteGood.
A migrated knol right?
Keep posting
Keep inform
Best
Phil
Thank you for the comment.After a gap of two months once again I am posting further knols. There are thousands of them to post still. Let me see to what extent I can post them.
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