« FriendFeed Adds Italian and Turkish for a Total of 9 Languages | Main | YouTube Offers Movies and Shows; Signs Sony, CBS and More »
April 17, 2009
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.
Posted by Nathania Johnson on April 17, 2009 10:50 AM
Comments
Its todays economic situation, I guess google should also double in thinking about several possibilities and opportunities. Things do change even in the internet, that's why they need to think of new ways to make good money :-)
Richard Butler April 17, 2009 12:19 PM
