Google earned a billion in three months

In the first quarter of 2007, Google GAAP's net profit was $ 1 billion. For comparison, the figure was $ 592.3 million in the first quarter of last year. The company's revenue in the first quarter was $ 3.66 billion against $ 2.24 billion for the same period last year. Google’s market value is estimated by analysts at more than $ 150 billion.

Yahoo lags far behind its rival. The company's profit in the first quarter of 2007 was $ 142.4 million compared to $ 160 million in the first quarter of last year. Yahoo's revenue for these periods was $ 1.672 billion and $ 1.567 billion, respectively.

via CNet