bee1000
Forum Enthusiast
Google is publicly traded now, so they do need profits to keep their share price high. (Around $330 today)when you can just get more money from investors?
From Reuters:
For the fiscal year ended 31 December 2005, Google Inc.'s revenues increased 92% to $6.14B. Net income totaled $1.47B, up from $399.1M. Revenues reflect the continued expansion of the Company's global advertiser base & partner network & the benefits of product improvements. Net income also reflects growth in higher margin Google site revenue & the absence of a charge related to the non-recurring portion of the settlement of disputes with Yahoo.
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