Friday, January 22, 2010

Business & Technology | Google's 4th-quarter results finally click with investors | Seattle Times Newspaper

See the full article for more details on Google’s 4th quarter

The quickening growth pace indicates Google is regaining the pre-recession stride that enabled the company to consistently increase its quarterly revenue by at least 30 percent. Google is so large now that it will be difficult to get back to that level, but analysts still think revenue could rise by nearly 20 percent this year — up from 9 percent for all of 2009.

[…]

Google added 170 workers in the fourth quarter, bringing its payroll to 19,835 employees. If it can find enough qualified candidates, Google would like to hire about 2,000 workers this year, with an emphasis on engineering and ad sales, said Patrick Pichette, the company's chief financial officer.

Schmidt also told investors in the conference call that the company will likely make at least one acquisition per month, "some big, more small." The company's biggest pending acquisition is a proposed deal to buy AdMob, a mobile advertising service, for $750 million.

Business & Technology | Google's 4th-quarter results finally click with investors | Seattle Times Newspaper

Post a Comment