Quote of the Day: Google earnings--and usage stats

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"Third-quarter net income rose to $381.2 million, or $1.32 a share, from $52 million, or 19 cents, a year earlier, Mountain View, California-based Googl e said today in a statement. Net revenue doubled to $1.05 billion, topping the $944 million average estimate in a Thomson Financial analyst survey.

Google users are growing at about twice the pace of Yahoo! Inc., as the company expands beyond Web searching.... Google handled 56 percent of global Web queries in August, compared with Yahoo's 21 percent and Microsoft's 11 percent, according to Reston, Virginia-based ComScore Networks Inc., which tracks Web use."

Via Bloomberg:

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Susan Mernit
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This page contains a single entry by Susan Mernit published on October 20, 2005 3:42 PM.

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