Google’s 3rd QTR Profits: $1.6 Billion; Class Warfare Dems Silent

Posted by NosferatusCoffin | October 15th, 2009

So, making a profit is A-OK. As long as you are Democrat cash cow. Not like those eeeevil oil and insurance companies.

From BBC News:

Google has reported its highest quarterly profit, suggesting that the internet advertising market is bouncing back from the recession.

Google reported net profit of $1.64bn (£1bn) for the third quarter, a 27% increase on the same period a year ago.

Revenue for the three-month period came in at $4.38bn, which was well ahead of analysts’ expectations of $1.29bn.

“The worst of the recession is clearly behind us,” said Google chief executive Eric Schmidt.

“Because of what we have seen, we now have the confidence to be optimistic about our future.”

Google’s shares rose $16.44, or 3.1%, to $546.35 in extended trading.

Of course, according to Harry “$41 billion is a drop in the bucket” Reid, if say, an up and coming business made this kind of quarterly profit , he would be calling for their heads, their wallets and their firstborn.

Also, I must disagree with two items in the story.

- “They did great on every single metric. We think this is sustainable.”

If that person is referring to their services, he is a Google-Ade Drinker. Personally, I place most Google apps at the bottom of the barrel. Gmail is the worst webmail client out there, hands down. It is clunky, down a lot and a royal pain in the a** to code for, as it has zero support for external CSS, while all other webmail clients worth their salt support it just fine.

Analytics is a joke as it can undercount true site traffic by as much as 80% or more.

- “Bing is too tiny now”

That may be the case for the moment, but here is one time that Microsoft appears to have gotten it right. The Bing platform looks for more extensible than the Google’s API ever will be.

And the Google search engine is and in my opinion has always been overrated and lackluster. Add the cherry-picking they do with their algorithims to push forward leftist and porn sites and they are pretty useless as a search engine nowadays. That is one reason I use Bing about 90% of the time for searches nowadays as it is actually a search engine and not a political form.

I have been a major Microsoft basher for over 20 years, but I think with Windows 7 and Bing, they are poised for a comeback and can give Google serious trouble. I remember back around ’98 telling my fellow techie roommate that Microsoft would be fairly irrelevant inside of 10 years, and aside from the OS market, that is true. I predict the same for Google, except I expect them to fall sooner.




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