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Google Reports 31% Profits Increase in First Quarter of 2008
Better-than-expected quarterly earnings report called "amazingly good" by the New York Times

Digg This!

After a better-than-expected quarterly earnings report called 'amazingly good' by the New York Times, it would seem that Google is defying the macro-economic downtrend. 'It's clear we are well positioned for 2008 and beyond, regardless of the business environment we are surrounded by,' said Google Inc. Chairman Eric Schmidt.

Earnings for fiscal Q1 were $1.31BN. The Associated Press noted that this marked "the 12th quarter out of the 15 since Google went public that its performance has topped analyst expectations."

About Open Web Developer News Desk
SYS-CON's Open Web News Desk tracks the constant stream of compelling technology and Open APIs being released by or catalyzed by Google and its allies.

LATEST OPEN WEB DEVELOPER STORIES
3rd International Virtualization Conference & Expo: Themes & Topics
From Application Virtualization to Xen, a round-up of the virtualization themes & topics being discussed in NYC June 23-24, 2008 by the world-class speaker faculty at the 3rd International Virtualization Conference & Expo being held by SYS-CON Events in The Roosevelt Hotel, in mi
IBM, Microsoft & Google Eras of Computing
By now it is conventional wisdom to say that there was an IBM Era of computing, then a Microsoft Era, and now we are in the Google Era. In this post, I will explain why Microsoft was not the 'next IBM' and why Google is not the 'next Microsoft' - there are significant qualitative
Enterprise Web Security Added to Google Apps
Google has taken its Postini investment and turned out Google Web Security for the Enterprise, which is supposed to protect against spyware, viruses and zero-hour threats in real-time whether the user is on the corporate network or working remotely like at a hotel or in an airpor
Verizon Becomes a Counter-Android Linux Convert
Verizon Wireless is snubbing Google's Linux-based Android initiative to go with the LiMo Foundation's mobile Linux spec for its next wave of mobile phones expected next year. Along with Verizon, Mozilla signed up - giving the consortium its first major open source ISV - and a key
Zoho Invites Google & Yahoo Users to Login
Zoho announced that it is welcoming Google and Yahoo users with a unified login designed to encourage those users to try Zoho applications. Now, Google and Yahoo users who visit Zoho can simply log into Zoho using the usernames and passwords associated with their Google and Yahoo
Borland Finally Dumps CodeGear Tools Division
It's only taken Borland two years but it's finally dumped its CodeGear tools division, responsible for Borland's hereditary JBuilder, Delphi and C++ Builder lines as well as its new web ventures into PHP and Ruby, said to be used by 7.5 million developers. Embarcadero Technologie
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