Open Web Developer News Desk

Subscribe to Open Web Developer News Desk: eMailAlertsEmail Alerts
Get Open Web Developer News Desk via: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn


Google Reports 31% Profits Increase in First Quarter of 2008

Better-than-expected quarterly earnings report called "amazingly good" by the New York Times

After a better-than-expected quarterly earnings report called 'amazingly good' by the New York Times, it would seem that Google is defying the macro-economic downtrend. 'It's clear we are well positioned for 2008 and beyond, regardless of the business environment we are surrounded by,' said Google Inc. Chairman Eric Schmidt.

Earnings for fiscal Q1 were $1.31BN. The Associated Press noted that this marked "the 12th quarter out of the 15 since Google went public that its performance has topped analyst expectations."

More Stories By Open Web Developer News Desk

SYS-CON's Open Web News Desk tracks the constant stream of compelling technology and Open APIs being released by or catalyzed by Google and its allies.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.