Google UK revenue down on last year
April 22nd, 2008 by jenny
The last post on this blog discusses the trademark changes for Google. When asked Google’s reason for these changes we can only guess at the reasons, but I wonder if the reported revenue percentage drop has anything to do with it. Google UK’s revenue accounted for 15% of the search engine’s total net income according to its first-quarter results, up 1% on last year’s fourth-quarter results but down 1% on the same period last year.
Google also revealed a total rise in net profits of 31% to $1.31bn (£655m) and revenues for the UK alone totalled $803m (£402m). With their dominance in the marketplace these profits come as no surprise, we can only hope for the merger of MSN and Yahoo to shake things up a bit and make for a more interesting search landscape!
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