Friday, April 22, 2005

93% growth in turnover for Google in Q1

Google has reported its results for the first quarter of 2005 showing a 93% growth on turnover when compared with the same time last year. Total turnover January-March was $1.256 Billion.

The growth, according to Chief Executive Eric Schmidt, was in part due to the growing use of the internet. "We have been able to take full advantage of the growth in online advertising. In addition, we performed well across all our operations with our engineering and product teams delivering dozens of new products and features for Google users around the world."

The Google Ad Sense programme which generates revenue from ads on publishers sites grew by 75% - whereas Google's own sites - the search engine itself and amongst others - generated 116% growth. So it would appear that 'search' continues to outpace other activities.

No comments: