Feeds

Google back to wowing Wall Street

Profits pumped 46 per cent

Intelligent flash storage arrays

Google still has a knack for wowing Wall Street.

Today, the world's largest search engine announced profits of $1.07bn for the financial quarter ending September 30, a 46 per cent year-over-year increase that exceeded the expectations of Wall Street analysts.

Meanwhile, Q3 revenue hit $4.34bn, a 57 per cent jump from the same quarter last year. "We're very pleased with our strong results, especially during one of our seasonally weaker quarters," said CEO Eric Schmidt during a conference call with analysts.

This marks a return to form for the Mountain View, CA web giant. When the company announced its Q2 results this past July, profits weren't quite as sky high as Wall Street had hoped. But Q3 marks the 11th time in the past 13 quarters that Google has topped what all those analysts were expecting. That dates all the way back the company's initial public offering in 2004. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.