Google’s Gain

Posted by | February 1, 2007 | Business | No Comments

Google is in for a large earnings this quarter, as earnings nearly tripled for this (near monopoly) search engine. This major improvement was due to the various advertisements campgain undertaken by the company. Revenue nearly increased by 67% after Google had diversified into various fields and into various business line. The earnings increased due to online advertisements had enabled Google to pay about $3 billion in the year 2006 from about $2.1 billion in the year 2005. Added to these various sources is Google’s new acquisition of YouTube, an online video company. This has been a great source of revenue and advertisement.

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