Google has published Thursday, January 21, after the close of Wall Street, an annual profit up 54% to 6.52 billion dollars, its CEO Eric Schmidt welcoming “a special year-end” in the current economic environment, and affirming “extremely optimistic”. Group CEO Eric Schmidt hailed a “fantastic year-end, with quarterly profit that exceeded market expectations.
The results far exceeded market expectations: earnings per share last quarter of 2009, excluding special items were displayed at 6.79 dollars (1.974 billion dollars in total), where analysts were only waiting 6 $ 50. The turnover, however, once withdrawn amounts to reverse that Google’s partner sites, appears just beyond expectations, to 4.95 billion, while analysts had forecast 4.92 billion on dollars.
Results “modestly positive”
At Citigroup analyst Mark Mahaney considered the results “modestly positive”, noting that they were below the most optimistic expectations. One explanation is that Google has reported a good recovery in advertising revenues linked to advertisers in the distribution, but the advertising sectors of finance, tourism or the automobile has not yet resumed its levels before the crisis.
Furthermore, Google, with its $ 24.5 billion of cash, has reaffirmed its intention to make “important investment spending, internal and acquisitions. “The pace of transactions in the fourth quarter shows that we left for at least one transaction per month, and it is expected that this continues,” warned Eric Schmidt, however, relying on more “smaller” than ” large “operations. Between October and December, including Google has announced the acquisition of a start-up specializing in online advertising and the acquisition for 750 million shares of AdMob, a specialist in advertising on mobile phones.
The group finally indicated that over half (53%) of its turnover was achieved outside the United States, even though it is in talks with Chinese authorities to escape censorship. Last week he announced he was ready to leave China if that proved impossible, and Eric Schmidt said Thursday that changes can be expected “within a reasonably short,” without elaborating.



