Thursday, January 21, 2010

Google's Big 4Q

In this article from Forbes.com Google’s fourth quarter revenue is said to have made a 17 percent increase. While sales are boosting investors were still unhappy as shares are down 5 percent.

A 6.7 billion dollar fourth quarter came from smart online advertising sales. It will be interesting to see if they maintain these rising sales or if it is just a short boosts following a recession as some companies are now seeing. They have been working on finding a new way to make new sales as many articles they have released in the past few months have stated. I don’t know if the new sales are due to finding new ways of making money or if it’s just other companies starting to increase and buy more ad space on Google.

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