Friday, April 18, 2008

Google Defies the Economy and Reports a Profit Surge - New York Times

Impressive numbers, in any case

Some analysts noted that Google’s growth did slow from the previous quarter and said the results did not completely dispel concerns about the health of Google’s business in the United States.

“The international piece was solid,” said Ross Sandler, an analyst with RBC Capital Markets. “That is where most of the upside came from. Despite the comments that they are seeing no impact from the economy whatsoever, I think the growth rate in the U.S. deserves more attention.”

Google Defies the Economy and Reports a Profit Surge - New York Times

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