Google Gets It Going

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Matt Cavallaro, BetterTrades, 05.15.09

Google has emerged as a monopoly of sorts. But who's complaining? Surely not end-users who are happy as long as they get quick and accurate search results.

The search giant continues to hammer competitors Yahoo! ( YHOO - news - people ) and Microsoft ( MSFT - news - people ) in the Web portal domain. Google's ( GOOG - news - people ) most recent better-than-expected quarterly results should come as no surprise, laying the foundation for what could be a prolonged period of outperformance within the tech space.

The world's most-used search engine operator reported generally accepted accounting principles operating income of $1.88 billion (34% of revenue), up from $1.86 billion (33% of revenue) in the same period one year ago. Google's first-quarter revenues reached $5.51 billion, up 6% quarter-over-quarter and would have been even stronger, up 12%, if not for currency adjustments. Revenues outside of the U.S. accounted for 52% of Google's take, totaling $2.88 billion.

Google Gets It Going - Forbes.com

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