More holy sh*t numbers from Google. Bloomberg:
Google Inc., the No. 1 Internet search engine, said profit jumped sevenfold, surpassing analysts’ estimates, as new mapping and instant messaging features attracted users and the company added advertising space. The shares gained 8.4 percent.
Third-quarter net income rose to $381.2 million, or $1.32 a share, from $52 million, or 19 cents, a year earlier, Mountain View, California-based Google said today in a statement. Net revenue doubled to $1.05 billion, topping the $944 million average estimate in a Thomson Financial analyst survey.
Google-2005-Q3-GOOG
http://www.earningscast.com/?p=125
>> Our effective tax rate remained steady at 31% this quarter and continues to reflect the mix of business generated in the U.S. and business generated through our Irish subsidiary.
Do No evil, huh ? , My effective tax rate is much more than this , but hey i cannot afford to route my income thro a offshore entity 🙂
John,
You purchased Google stock in the IPO,
right? Wondering if you’d be willing to
do a short interview for a story I’m
writing for tomorrow’s New York Post.
If so, give me an email at
zkouwe@nypost.com.
Thanks.
I do not own Google stock, never have…