Search Continues to Bring Home the Bacon for Google in Q1 2009
While Google saw an overall decrease of 3% in their first quarter results, as compared to last year’s fourth quarter, their paid search actually increased 3% in the same time frame.
Compared to first quarter 2008, Google overall saw an increas of 6% with revenues of $5.51 billion. Again, search outperformed the rest of Google with an increase of 17% over Q1 2008.
Google reported revenues of $5.51 billion for the quarter ended March 31, 2009, an increase of 6% compared to the first quarter of 2008 and a decrease of 3% compared to the fourth quarter of 2008.
GOOG stock was up 1.47% at the time of this post.
Those overall quarterly losses at Google could have been worse had they not cut operating expenses. Overall operating expenses were 28% of revenues at $1.52 billion in Q1 2009 compared to 29% of revenues at $1.65 billion in Q4 2008. Payroll was reduced to $774 million in the first quarter of 2009 compared to $890 million the quarter prior.
More about:
The Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to success. It is the indispensable guide for B2B marketers to deliver world-class experiences and keep pace with the dynamic environment. Download Now
The ClicData survey found that various challenges exist that prevent organizations from achieving such gains. These challenges included inaccessible data formats and limited flexibility in displaying data in dashboards. Download Now
The need for fraud prevention in the digital world is critical now more than ever. Why? Thinking about your own behavior, consider how you complete transactions and how this has changed over the last 5 years. Download Now
The need for fraud prevention in the digital world is critical now more than ever. Why? Thinking about your own behavior, consider how you complete transactions and how this has changed over the last 5 years. Download Now
Leave a Reply
You must be logged in to post a comment.