Google's first quarter profits up 69%

19/04/2007

Google's Q1 profits rose 69% to $1bn (£499m) (from $592.3m (£299.38m) in 2006), writes ClickZ. Revenues for the period grew 63% to reach $3.66bn (£1.83bn). The UK saw revenues of $578m (£288m), representing 16% of Q1 revenues (up from 15% in Q1 2006). Combined non-US international revenues totalled $1.71bn (£860m) (47% of total revenues against 42% in 2006). Net sales were up 66% to $2.53bn (£1.28bn). Google-owned sites generated ad revenues of $2.28bn (£1.15bn) (up 76% year-on-year) and representing 62% of total sales.

From ClickZ: http://www.clickz.com, 19/4/2007

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