Friday, July 21, 2006


It is with great joy that we read about the doubling of second quarter profit for Google announced yesterday.
Google reported a net income of $721m, or $2.33 per diluted share, up from $343m a year earlier and .39 more than Wall Street predicted.
Google also exceeded revenue expectations with more than 99% of its profit coming from advertising and added more than 8000 employees during the second quarter growing 17% in staff .
Score networks comments that although Yahoo reports a 28.5 % of the US search market it has a way to go to catch up to the 44.7% share of the search market Google claims
Since its offering, Google has always been one of our favorite stocks. With market conditions prime we expect to see more wonderful profits from Google in the future.
Go Google Go!