Google makes oodles

G-men are bigger than Intel

By Martin Veitch

Fri Oct 20 2006, 11:07

GOOGLE IS continuing on its own merry, not to say highly lucrative, way, with revenue for its third quarter leaping, soaring, bounding, and gamboling like a lamb in the spring sun.

The G-men's revenues were up 70 percent to $2.69bn and profits nearly doubled to $733.4m, spurred on by international growth, especially in Europe. The flyaway success comes in marked contrast to the fortunes of Yahoo that a few days ago posted a sharp decline and lowered forecasts.

Google's numbers outperformed expectations and sent shares up again. The company now has market capitalisation higher than that of Intel and only $7bn below that of IBM.

And they still have the YouTube stuff to come, remember… µ

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Google makes oodles

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