Google pleases investors
Google has announced the financial results of its activities for the IV quarter. and for the whole of 2008 ( PDF ). In general, they were higher than analysts predicted. One of the positive facts is that the company increased its staff of permanent employees by only 99 people (from 20.123 to 20.222), and not 500, as analysts predicted. This indicates a very competent control of the expenditure side of the corporate budget.
In order to convince investors of a good financial policy, President Eric Schmidt emphasized in his speech that the company minimizes unprofitable experiments, such as Google Video, Google Notebook and Jaiku. All this together has a very beneficial effect on the stock price. A couple of hours after the publication of the results, the quotes rose immediately by 2%.
In the IV quarter. 2008, total revenue rose to $ 5.7 billion (+ 18%). If we deduct commissions paid to partners, then the income was $ 4.22 billion (higher than analysts' forecast). Although net income fell from $ 1.2 billion to $ 382 million, but the reason is not fundamental, it’s all about the write-offs of the value of the depreciating Clearwire and AOL assets, which fell on this period. Dividends per share were $ 5.10 (higher than forecast and much higher than last year's $ 3.79).
Despite the crisis, the company continues to spend huge amounts of money on infrastructure development. For three months of the year, Google’s capital investment was $ 368 million. These are investments in data centers, servers and network equipment.
In order to convince investors of a good financial policy, President Eric Schmidt emphasized in his speech that the company minimizes unprofitable experiments, such as Google Video, Google Notebook and Jaiku. All this together has a very beneficial effect on the stock price. A couple of hours after the publication of the results, the quotes rose immediately by 2%.
In the IV quarter. 2008, total revenue rose to $ 5.7 billion (+ 18%). If we deduct commissions paid to partners, then the income was $ 4.22 billion (higher than analysts' forecast). Although net income fell from $ 1.2 billion to $ 382 million, but the reason is not fundamental, it’s all about the write-offs of the value of the depreciating Clearwire and AOL assets, which fell on this period. Dividends per share were $ 5.10 (higher than forecast and much higher than last year's $ 3.79).
Despite the crisis, the company continues to spend huge amounts of money on infrastructure development. For three months of the year, Google’s capital investment was $ 368 million. These are investments in data centers, servers and network equipment.
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Source: https://habr.com/ru/post/49997/
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