Google continues to be the king of search. The runaway success of the company has seen further stellar growth over the earlier 12 months with revenues rising by three quarters in distinction with the equal quarter remaining 12 months.
In distinction, the precept rivals in search and contextual selling are being left behind with Yahoo!’s share price hit by so-so outcomes and the delay in its new advert software program program and Microsoft is struggling to keep up up with its launch schedule.
Google reported revenues of $2.46 billion for the quarter ending June 30, 2006, an increase of 77 per cent compared with the second quarter of 2005 and an increase of 9 per cent over the first quarter of 2006. Web earnings was as a lot as $721.1 million compared with $592 million throughout the first quarter.
Google search is the powerhouse that drives the revenues. In response to ComScore, Google’s world share of Internet searches rose to 62 per cent in Would possibly from an already dominant 55 per cent a 12 months prior to now. In distinction, Yahoo’s share fell to twenty p.c from 22 p.c, whereas Microsoft’s share fell to 9 per cent from 10 p.c.
Nonetheless, not all is rosy for Google. Hitwise is reporting that whereas Google has garnered a great deal of publicity for the blizzard of newest suppliers it has been offering over the earlier 12 months or so, hardly any of them are making an have an effect on.
Search nonetheless accounts for over 80 per cent of Google guests with completely different properties akin to Mail and Data accounting for lower than 8.56 and 1.38 per cent of tourists respectively. Completely different extreme profile web sites akin to Blogger, Video and Froogle battle at throughout the half a per cent mark.
Not that Google is in want of ready cash to keep up these underperforming components going. As of the tip of June, Google had $9.82 billion throughout the monetary establishment as ready cash or equivalents. The decide accommodates $2.06 billion from most people offering that closed in early April along with a $1 billion funding in AOL in early April.
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