Feeds

Google tops $1bn

In the money

  • alert
  • submit to reddit

3 Big data security analytics techniques

Google earned $1bn revenues in a quarter for the first time, the company announced today. The web giant grossed $1.032bn, up from the $805.8m it grossed in the quarter ending September 30, and double that grossed a year ago. Net income, calculated on a GAAP basis, was $204m, which included a $60m write-down for stock compensation. Traffic acquisition costs for the quarter were $378m, or 77 per cent of network revenues. Revenues from Google's ad brokerage now account for almost half of its income.

Google is keeping an increasing proportion of the money it receives from advertisers. 77 per cent was passed on to partner sites, down from 85 per cent in the preceding quarter.

This quarter gives a better picture of Google's financials than its predecessor, which was Google's first as a public company. In that period, Google made a one off payment to Yahoo! - settling a legal dispute by licensing patents for the latter's Overture technology - to the tune of $201m.

Over the entire calendar year last year, Google earned $3.19bn, almost exactly half of which came from its own properties and the rest from its ad brokerage. Revenues from the latter - which include Adwords and Adsense - are increasing at a faster clip: up 147 per cent over the year, compared a 101 per cent increase from its own properties. Over the year, Google declared net income of $399m.

Google ended the year with over 3,000 staff.

How does it stack up against it arch rivals? Yahoo! reported slightly better numbers for the calendar year: $3.575bn earned and $840m in profit; although Google had a stronger quarter. Amazon.com reports its earnings tomorrow, which in light of recent snafus, should make for interesting reading. ®

Related stories

Google becomes domain name seller
Ad confidence spurs Yahoo!
German court rules email blocking 'illegal'
An open source Google - without the ads

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.