A peek inside Google's war chest


	A peek inside Google's war chest

Djiezes

3-5-2007 5:52 AM

630 views

tags:

google, money, economy, economics, finance, war chest, revenue, investment, r&d, research, development, advertising, business

2 Comments |

Add a Comment

3-5-2007 5:28 PM

BitDrifter

Good Story, if you wouldn't mind for others who follow business clips, can you add the tag Business. If you don't mind that is.

=)

3-6-2007 1:15 AM

Djiezes

no problem.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6f141e9b-803a-4bda-b14d-2c58fa0a673c/89DEB944-F935-4D70-9B66-0D2D04A8A62D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://arstechnica.com/news.ars/post/20070302-8966.html" href="http://arstechnica.com/news.ars/post/20070302-8966.html" style="font-size: 11px;">arstechnica.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://arstechnica.com/news.ars/post/20070302-8966.html"><H1><A href="http://arstechnica.com/news.ars/post/20070302-8966.html">A peek inside Google's war chest</A></H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://arstechnica.com/news.ars/post/20070302-8966.html">the company's good financial performance over the past several years—going from revenues of $439.5 million in 2002 to $10.6 billion in 2006—has resulted in a massive war chest. Google's cash and short-term investments amounted to over $11.2 billion at the end of 2006</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://arstechnica.com/news.ars/post/20070302-8966.html">Advertising continues to be the engine pulling Google's money train, accounting for 99 percent of its revenues</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://arstechnica.com/news.ars/post/20070302-8966.html">R&D spending is up to $1.2 billion for 2006</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://arstechnica.com/news.ars/post/20070302-8966.html">It also enables the company to take a longer-term view with its products and acquisitions, putting it in a position to push new services out the door now and figure out how to make money off them later.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/89DEB944-F935-4D70-9B66-0D2D04A8A62D/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>