Liveblogging Google Q1 Earnings Report—Fears Were Overblown
Google reported earnings for the first quarter. The fears of a meltdown were overblown. Revenue was $5.2 billion, up 42 percent year-over-year and up 7 percent from the fourth quarter in 2007. After traffic acquisition costs (what Google pays its publisher partners) revenues directly to Google were $3.7 billion. Net income [...]
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