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| UPDATED: 2007-02-01 |
 Google Announces Fourth Quarter 2006 Earnings 
By: Nathan Weinberg 2007-02-01 Google released its earnings report last night, and the results were as stellar, if not more so, than anyone could have expected. Profit practically tripled from $372 million in 4Q 2005 to $1.03 billion in this quarter, the first time Google has posted a billion dollar profit in a quarter, while revenues rose 67% to $3.2 billion. As part of a continuing trend, Google AdSense (or Google Network) revenue now makes up 37% of Googles revenue, down from 39% last quarter, and far less than the half of Googles business it used to be. Google Network pulled in $1.2 billion this quarter, while Google sites earned $1.98 billion. Google paid clicks rate increased 61% over the last year, an amazing rate. Payouts to AdSense partners were $916 million, meaning Google only got to keep $300 million, and let publishers keep about 75% of all AdSense revenue. Google now has $11.2 billion in cash, and employs 10,674 people. The market, apparently, was not all that impressed, as Google stock actually dropped eight bucks since the announcement. Of course, investors had run up the stock $40 in the previous month, so I guess they were just correcting it a little back, and banking in on the gains the stock had made recently. Im sure GOOG will be above $500 again real soon. Comments Add to  Del.icio.us |  Digg |  Reddit |  FurlView All Articles by Nathan Weinberg About the Author: Nathan Weinberg writes the popular InsideGoogle blog, offering the latest news and insights about Google and search engines. Visit the InsideGoogle blog. |
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