Google Grows Revenues 24% From Last Year, Plans New Class Of Stock

Google's revenues rose to $10.65 billion in the first quarter of 2012, resulting in net income of $2.89 billion, or $8.75 per share, the company announced after market close today. The revenue number represents a 24% increase over the year-ago period. Additionally, the board of directors proposed the creation of a new class of non-voting shares -- to be distributed as a dividend to all current shareholders -- effectively resulting in an two for one stock split. "We had a very strong quarter," said CEO Larry Page on a conference call with press and analysts, "Since becoming CEO again, I have [...]


Page To Anti-Trust Critics: “Actions” & Google+ Are An Essential Part Of Search

Google's taken flak over the past year from critics about how the company has been integrating actions such as booking flights or hotels into its search results. It's also faced criticisms that it is leveraging its search dominance to build its Google+ social network. I found it notable that Google CEO Larry Page, in his "2012 Update from the CEO" letter, essentially pushed back against both criticisms. Page doesn't say he's attacking these criticisms in the update. That's my own reading between-the-lines. But nothing in the letter would have been presented without a good reason. I think [...]


Looking Back At Larry Page’s First Year At Google’s Helm

Two articles appeared today that reflect on the first year of Larry Page's return to the CEO role at Google. Bloomberg's Brad Stone does a Q&A with Page in which he discusses the larger competitive challenges Google faces and some of his management philosophy. The other piece is from Wired writer Steven Levy and is a bit of a counterpoint to the mostly upbeat Bloomberg story. Stone declines to query Page about privacy, antitrust and Google's myriad problems with regulators and governments around the world. In his answers about a range of issues, Page is confident and seemingly reflectiv [...]


Report: Google Makes $10 Per Android User Per Year

An analysis performed by UK publication The Guardian on court documents filed in the patent litigation between Google and Oracle suggests that Google has made less on Android handsets than from the iPhone. The court documents are part of a settlement proposal filed in the case. There's no overt discussion of revenues in the documents. Instead there are some potential damages figures from which The Guardian has extrapolated Google revenue numbers. NOTE: See our own follow-up analysis, No, Google Doesn’t Make Four Times More Off The iPhone Vs. Android The publication reports "Android genera [...]


Video: Google’s Susan Wojcicki Keynotes SMX West 2012

Susan Wojcicki, Google's SVP of Advertising, spoke at our recent SMX West search marketing conference in a keynote conversation with Search Engine Land's Danny Sullivan and Chris Sherman. The conversation covered many different topics -- not just the advertising side of Google where Susan is most heavily involved -- from privacy issues to mobile marketing to how Google started in Wojcicki's garage. While we already provided coverage of the keynote via Greg Sterling's live blog of the conversation, we also have several video clips that our readers may have missed -- and that attendees may wa [...]


Become a PRO member and see all articles in our Google: Business Issues archives!

PRO Members get unrestricted access to all archives - and more!

Get Our News, Everywhere!

 
  • Advertise With Us
 

Free Daily Search News Recap!

SearchCap is a once-per-day newsletter update - sign up below and get the news delivered to you!


Click to watch SMX conference video

Join us at an upcoming SMX event:

North America

EMEA

APAC

Search Engine Land produces SMX, the Search Marketing Expo conference series. SMX events deliver the most comprehensive educational and networking experiences - whether you're just starting in search marketing or you're a seasoned expert.

SMX Site » | SMX Difference » | SMX News »



 

Search Engine Land Periodic Table of SEO Ranking Factors

Get Your Copy
Read The Full SEO Guide