Dog bites man. And Google doing well. That’s news for you
Today’s NYT reports:
“Google … surprised Wall Street yesterday by announcing that its sales and profit margins grew much faster than expected in the fourth quarter.
The results were a sharp contrast to the company’s warnings in November that its revenue for the quarter would probably decline because of increased competition and an inevitable slowing as a result of its growth.
Google’s shares surged in after-hours trading, rising nearly 10 percent to more than $210, a record for the company, which sold shares in its initial offering in August for $85 each.
‘More humans around the world are using Google and they are spending more time with Google per human,’ the chief executive, Eric E. Schmidt, said last night in an interview.”
Hah! Note the use of the word “human”. Those rumours that Google is developing a search engine aimed at dogs are true!