Google Announces Fourth Quarter 2006 Earnings

Google released its earnings report last night, and the results were as stellar, if not more so, than anyone could have expected. Profit practically tripled from $372 million in 4Q 2005 to $1.03 billion in this quarter, the first time Google has posted a billion dollar profit in a quarter, while revenues rose 67% to $3.2 billion.
As part of a continuing trend, Google AdSense (or Google Network) revenue now makes up 37% of Google’s revenue, down from 39% last quarter, and far less than the half of Google’s business it used to be. Google Network pulled in $1.2 billion this quarter, while Google sites earned $1.98 billion. Google paid clicks rate increased 61% over the last year, an amazing rate. Payouts to AdSense partners were $916 million, meaning Google only got to keep $300 million, and let publishers keep about 75% of all AdSense revenue.
Google now […]

Original post by Nathan Weinberg