Google sales jump 18%
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Google reported revenues of $5.70 billion for the quarter ended December 31, 2008,
an increase of 18% compared to the fourth quarter of 2007 and an increase of 3%
compared to the third quarter of 2008. Google reports its revenues,
consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC).
In the fourth quarter of 2008, TAC totaled $1.48 billion, or 27% of advertising revenues.
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Google IR
Announced Google quit selling newspaper ad space a few days ago,
aquisition of second revenue pocket would be notable significance.
Point of fucus is how Google Aps will defeat Microsoft software.
1/23/09
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