1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

Google Posts First Quarterly Drop in Profits Since Going Public

Discussion in 'Google' started by snowbird, Apr 16, 2009.

  1. #1
    The economy is hurting Google as well. Fourth quarter 2008 revenue was $5.7 billion while first quarter 2009 revenue was $5.5 billion. This is the first quarterly drop in Google's earnings since going public five years ago.

    Full details at the URL below:

    http://www.msnbc.msn.com/id/30251976/
     
    snowbird, Apr 16, 2009 IP
    kks_krishna likes this.
  2. ETFAffiliate

    ETFAffiliate Guest

    Messages:
    17
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #2
    All I have to say is look at their stock price closed today at $388.74 and in Q4 of 2008 the low was $257.00. Google is still kicking ass and taking names

    Regards,
     
    ETFAffiliate, Apr 16, 2009 IP
  3. Joshdube

    Joshdube Peon

    Messages:
    461
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Only a drop of $200,000,000, not too bad I guess, haha!

    Josh
     
    Joshdube, Apr 16, 2009 IP
  4. ETFAffiliate

    ETFAffiliate Guest

    Messages:
    17
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #4
    Well wouldn't it depend on your point of view?? I mean if you were an investor like I am, you would be pretty happy.. I bought google at 257 and just sold at 388 so haha is right. lol. Also they still control around 60% of the SE marketshare and in this bad economic time, who has notlost some money?? $200,000,000 to google is like $200 to you or I and thats being generous.

    Regards,
     
    ETFAffiliate, Apr 16, 2009 IP
  5. www.AmCy.org

    www.AmCy.org American CyberSpace®

    Messages:
    1,642
    Likes Received:
    60
    Best Answers:
    0
    Trophy Points:
    140
    #5
    I stopped using AdWords at the height of the credit crunch back in October 2008. I won't use it again until the U.S. economy returns to prosperity, and that could be a long time.

    Selling G stock at the end of last year was a good move. Cash is king right now. I also like gold and gold mining companies. When inflation returns, it will return with a vengeance.

    As always, IMO.

    AmCy
     
    www.AmCy.org, Apr 16, 2009 IP
  6. malcolm1

    malcolm1 Peon

    Messages:
    7,148
    Likes Received:
    758
    Best Answers:
    0
    Trophy Points:
    0
    #6
    Hello...

    Ive heard different on the news today that earning where better then expected
    which made the stock jump so who knows...

    laterz
    malcolm
     
    malcolm1, Apr 16, 2009 IP
  7. config_error

    config_error Active Member

    Messages:
    1,719
    Likes Received:
    18
    Best Answers:
    0
    Trophy Points:
    80
    #7
    this is not bad. let just hope to return to normal.
     
    config_error, Apr 16, 2009 IP
  8. ramiz_aslam

    ramiz_aslam Banned

    Messages:
    29
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #8
    thanks for usefull info
     
    ramiz_aslam, Apr 17, 2009 IP
  9. technolarity

    technolarity Well-Known Member

    Messages:
    1,582
    Likes Received:
    42
    Best Answers:
    0
    Trophy Points:
    115
    #9
    That is because of YouTube !!

    They are still trying to make it lucrative and that would reap a lot to Google.
     
    technolarity, Apr 17, 2009 IP
  10. pctec

    pctec Well-Known Member

    Messages:
    1,624
    Likes Received:
    210
    Best Answers:
    0
    Trophy Points:
    160
    #10
    I feel sorry for them... I do not know how they can possibly put food on the table with loses like that :rolleyes:
     
    pctec, Apr 17, 2009 IP