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Google Nearly Doubles Q3 Profit, Revs Up 70 Percent

20 Oct 2006

Google’s third-quarter profits nearly doubled from last year as revenues increased 70 percent, reflecting its growing advantage over rivals. Google’s results were in stark contrast to those of closest online-advertising rival Yahoo, which earlier this week reported a 38 percent drop in third-quarter profit.

Google announced on Thursday that it earned $733.4 million, or $2.36 per share, in the third quarter, 92 percent more than the year-ago quarter’s $381.2 million, or $1.32 per share, reports the Associated Press. Excluding employee stock compensation expenses, Google would have earned $2.62 per share, 20 cents more per share than analysts’ expectations.

Third-quarter revenue totaled $2.69 billion, a 70 percent increase from $1.58 billion in 3Q05. After deducting commissions paid to ad partners, revenue totaled $1.86 billion, or about $50 million more than analysts’ expectations.

Google said 60 percent of ad revenues came from its sites, and 39 percent from its AdSense partners, writes the Mercury News. In 3Q05, Google said 56 percent of its advertising came from its own sites. International revenues constituted a greater proportion of Google’s sales, increasing to 44 percent in the third quarter, up from 39 percent for the same period in 2005.

Google share passed the $454 mark in after-hours trading, after gaining $6.75 to close at $426.06 before the release of the third-quarter results.

News Source: http://www.marketingvox.com

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NetRatings: Google’s Search Share Lead Growing

20 Oct 2006

Nielsen/NetRatings on Thursday reported September data for the top U.S. search providers. Google led not only in share of searches but also in year-over-year growth.

An estimated 2.8 billion search queries were conducted at Google search, accounting for 50.0 percent of all search queries conducted during September, according to NetRatings. Moreover, growth in the number of Google searches from Sept. 2005 was 24 percent - twice the rate of searches conducted at second-place Yahoo, which accounted for 23.4 percent of Sept. searches with 1.3 billion.

The two leaders were followed by MSN/Windows Live Search in third with 9.2 percent of searches, or 519 million - 12 percent less than last Sept. AOL was in fourth place with 6.3 percent search share and nearly nine percent fewer searches year over year.

With the second-highest rate of year-over-year growth was Ask.com, accounting for 2.7 percent of Sept. searches at 152 million - 19 percent more than Sept. 2005.

Source: http://www.marketingvox.com

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Google’s Search Share Up 11th Month in a Row

19 July 2006

Market leader Google’s share of the U.S. search market continues to increase - the eleventh consecutive month of growth, according to comScore Networks.

Google accounted for 44.7 percent of U.S. online searches in June, up from 36.9 percent in June 2005, writes Internet Retailer, citing comScore. Yahoo, MSN and Ask search share declined from a year ago. MSN, in third place, declined most, dropping to 12.8 percent market share from 15.7 percent. Yahoo’s share dropped to 28.5 percent from 30.4 percent a year ago; Ask’s share decreased to 5.1 percent from 6.0 percent.

Americans conducted 6.4 billion searches in June, a 6 percent decline from May (a seasonal effect), but a 29-percent increase over June 2005, according to comScore. Google sites led in search query volume with 2.9 billion searches conducted in June, followed by Yahoo sites (1.8 billion) and MSN-Microsoft sites (818 million).

In the second quarter, 19.9 billion online searches were conducted, up 12 percent from Q1 (17.7 billion searches), and up 30 percent from Q2 of last year (15.3 billion searches). In Q2, Google registered the most search queries (8.8 billion), followed by Yahoo (5.6 billion), and MSN (2.6 billion).

Source: http://www.marketingvox.com

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