Google has just revealed its Fiscal Year and fourth quarter numbers, accompanied by a press release that underlined the operation magnitude of the Mountain View-based company. Eric Schmidt, Google's CEO, said that: "We're very pleased with our performance this quarter. […]It reflects strong momentum in our core business, growing receptivity to our new business initiatives, and improved discipline in managing our operating expenses."
They recorded revenues of 4.83 billion dollars in the quarter that ended
on the 31st of December, 2007, with a 51 percent increase, in comparison to the same time period of 2006 and a 14 percent increase compared to the third quarter of the same year. From the Press Release:
"Google Sites Revenues - Google-owned sites generated revenues of $3.12 billion, or 65% of total revenues, in the fourth quarter of 2007. This represents a 58% increase over fourth quarter 2006 revenues of $1.98 billion and a 14% increase over third quarter 2007 revenues of $2.73 billion.
Google Network Revenues - Google's partner sites generated revenues, through AdSense programs, of $1.64 billion, or 34% of total revenues, in the fourth quarter of 2007. This represents a 37% increase over network revenues of $1.20 billion generated in the fourth quarter of 2006 and a 12% increase over third quarter 2007 revenues of $1.45 billion.
International Revenues - Revenues from outside of the United States totaled $2.32 billion, representing 48% of total revenues in the fourth quarter of 2007, compared to 44% in the fourth quarter of 2006 and 48% in the third quarter of 2007. Had foreign exchange rates remained constant from the third quarter of 2007 through the fourth quarter of 2007, our revenues in the fourth quarter of 2007 would have been $94 million lower. Had foreign exchange rates remained constant from the fourth quarter of 2006 through the fourth quarter of 2007, our revenues in the fourth quarter of 2007 would have been $195 million lower."
Let's not beat around the bush, Google is growing and growing fast. That's why it is going after the Computer Science grads, that's why it is thinking of opening the largest server farm in Malaysia, and because of the projected continuous growth it's easy to see why some top people from the Internet company have decided to part ways with it. Working at the biggest company means that you have no more challenges, no dream to chase.