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October 21, 2005

Google 3Q 2005 delivers the goods

search engines, finance — by TDavid @ 1:33 pm PST

Stock performance: Google 3rd Quarter stock results releasedUnsurprisingly, as a GOOGle shareholder, I am pretty happy to see their 3rd quarter 2005 results:

Third-quarter net income rose to $381.2 million, or $1.32 a share, from $52 million, or 19 cents, a year earlier, Mountain View, California-based Google said today in a statement. Net revenue doubled to $1.05 billion, topping the $944 million average estimate in a Thomson Financial analyst survey.

The flak over Google Print so far hasn’t caused any negative impact on the stock. Things might not stay that way if they lose the lawsuit but a solution on those legal challenges is still a ways off in the distance.

Some things Google has done over the last four months include (a + indicates I like, a - indicates I don’t like):
+ adding tags to personalized search
+ released a blog search engine. The engine itself I’m not crazy about yet because it has splog problems, but I like that they finally released a separate blog search engine)
- more toolbar pitches on home page. I hope this trend doesn’t continue.
- released the Google RSS Reader. Again, like the blog search engine it was a good idea to release it, but it had too many bugs to be useful.
- announced a collaboration with Sun to promote Java. Yawn on the announcement. We thought it might be a web version of Office which would have been interesting, but this was badly overhyped.
+ Google removes the number of sites they index from the search page and says they are more comprehensive.
+ made it easier for blogger users to add Adsense to their blogs. Too bad this also helped sploggers.
+ addedthe ability to remove search results from personalized results
+ began first steps toward offering free WiFi in San Francisco and other select areas
+ fought with Microsoft over the hiring of a new employee, Dr. Lee, and won
+ now indexes more than 130,000 results for my name (sorry, this is a personal ego search thing), but still thinks my name is a misspelling
+ CNN is using Google Earth in The Situation Room and elsewhere
+ released Google Talk IM/VoIP using the Jabber protocol
+ Google Sitemaps now supports mobile URLs
+ Gmail opens up invitations … to those with cell phones in the US. Would have been better if it was open to those with cell phones everywhere, but it was a start to move away from the whole invite-only distribution method.
+ released Google desktop search version 2.0 with sidebar
++ Google news via RSS!
- throws tantrum against CNET because they Googled information about CEO, but then mellowed out later
– applies for RSS ads patent (July 29). Just what isn’t needed: more patents

Overall, I think the last few months have been pretty exciting and positive time for Google. They certainly weren’t basking in their stock glory and kept busy cranking out new features, functions and services. Interested readers can follow all Hmm stories about “Google” by subscribing to the keyword RSS search.

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