Friday, July 22, 2005
Google by the numbers
According to this San Francisco Chronicle story, Google's 2Q revenue nearly doubled to $1.38B as compared to the previous year with $490M (or 35.5%) going to its partner sites as payments:
For now, Google leads by a wide margin with 6.1 billion search queries during the second quarter, a 47 percent market share, according to a study released Thursday by Nielsen/NetRatings MegaView Search.
Yahoo came in second with 2.8 billion searches, a 22 percent market share, the study found.
This BusinessWeek statement about Google not meeting expectations, and thus its stock dropping by 5% or so, makes me wonder how long Google can hold out not providing any guidance to the Street:
Google had blown past profit estimates by an average of 28% in its first three quarters as a public company, making its second-quarter shortfall all the more surprising. Jefferies & Co. analyst Youssef Squali, for instance, had expected Google to beat profit estimates by 5% to 10%.