Google earnings fell for the first time in history.
Google has published a financial report for Q1 2009 and for the first time since the company's existence, its revenues showed a negative trend. In Q1 2009 compared with Q4 2008, revenues decreased by 3% to $ 5.51 billion.
However, in fact, this is still not bad, because analysts predicted an even more serious drop in revenues (up to 4%). In addition, one of the important areas (contextual advertising on Google.com) has no decline, on the contrary, an increase of 3% (and + 17% compared to Q1 2008), which is associated with an increase in attendance of search sites (the number of requests related to finding a job, doubled). Revenues from AdSense, unfortunately, have fallen.
Google’s profit for the quarter was $ 1.4 billion (+ 9%). This amount has joined Google’s already impressive banking savings of $ 17.8 billion.
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At the official conference, the director Eric Schmidt spoke and answered questions from journalists. Among other things, the Android theme was raised. The director of Google said that mobile phones on this platform already generate 8% of all mobile page views on the Internet, according to this indicator, Android came in second place, second only to the iPhone. In the near future, Schmidt said, a number of important “iron announcements” associated with Android will be made.
What else is interesting, in the statements we see the official recognition of the fact of downsizing. The number of Google employees dropped from 20,222 in December to 20,164 in March. Google’s chief financial officer said that recruitment continues only in some specific areas.
via Techcrunch
However, in fact, this is still not bad, because analysts predicted an even more serious drop in revenues (up to 4%). In addition, one of the important areas (contextual advertising on Google.com) has no decline, on the contrary, an increase of 3% (and + 17% compared to Q1 2008), which is associated with an increase in attendance of search sites (the number of requests related to finding a job, doubled). Revenues from AdSense, unfortunately, have fallen.
Google’s profit for the quarter was $ 1.4 billion (+ 9%). This amount has joined Google’s already impressive banking savings of $ 17.8 billion.
')
At the official conference, the director Eric Schmidt spoke and answered questions from journalists. Among other things, the Android theme was raised. The director of Google said that mobile phones on this platform already generate 8% of all mobile page views on the Internet, according to this indicator, Android came in second place, second only to the iPhone. In the near future, Schmidt said, a number of important “iron announcements” associated with Android will be made.
What else is interesting, in the statements we see the official recognition of the fact of downsizing. The number of Google employees dropped from 20,222 in December to 20,164 in March. Google’s chief financial officer said that recruitment continues only in some specific areas.
via Techcrunch
Source: https://habr.com/ru/post/57530/
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