| Goog Q3 up 57% over 2006 - 9% over q2 |
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Q3 Financial Summary Google reported revenues of $4.23 billion for the quarter ended September 30, 2007, an increase of 57% compared to the third quarter of 2006 and an increase of 9% compared to the second quarter of 2007. waiting on a link...
I hope this means continued solid payouts from G for their Adsense program for another quarter... =)
That's how mature chief executives say, BU-WA-HAHAHAHA! Think their stock will hit $700? I wouldn't bet against it. Lots of retail buying.
... Not sure if that was irony.... ... Solid as in... the concrete foundation of a building that stayed in place even after the rest has collapsed? ... pffft. You mean how much my Adsense CPM has gone down...;)
Companies such as GM have formal hedging policies in place - for many many years. ALL of the FX exposure is usually 100% hedged. GOOG is new at the game and is growing so fast they haven't been able to hedge or even forecast their FX exposure. It is a moving target. They happend to have gotten lucky since the FX market moved their way. It could have been a $121M LOSS. Don't expect massive swings going forward. Sooner or later they will be able to forecast and manage it. The poster is correct. Without the FX gain - they would have missed. I do this for a living for 13 years with major corporations. why do you expect checkout revenues to be big? Care to explain what you think the math might look like? -Shorebreak Featured Links:
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