Categories
Uncategorized

NY Times: Google finds riches

John Markoff and G. Pascal Zachary report on Google in tomorrow’s New York Times.

Google, a private company, does not disclose revenue or profit. But it says it has been profitable for nine consecutive quarters. Moreover, its executives have privately told the board that revenue will soar from less than $300 million in 2002 to $750 million or more this year, with gross profit margins of 30 percent, according to a Google executive and several people who have knowledge of the company’s financial situation.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from Scott Loftesness

Subscribe now to keep reading and get access to the full archive.

Continue reading