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Google Earnings Surprise

In a surprise to many but not me, having recently watched my Google Adwords account costs rise, Google announced today that their earnings for the first quarter of 2008 were higher than expected. As of this writing, the stock is up a whopping 17% (or $76.42) in after-hours trading! For those of you who don’t follow stocks, 17% in a day is a HUGE number for a stock with a market cap the size of Google. Now for some links:

Live Analysis
The future of internet advertising
CNET
Reuters

For online advertising, there really is no alternative to Google Adwords. They own a solid grasp on this booming industry, one that is set to continue to grow at a rapid rate as conventional businesses realize the importance of advertising on the internet.

If you bought Google any time in the past two months you ought to be feeling pretty good about yourself right now!

 

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