Google reported revenues of $4.8 billion for the quarter ended December 31, representing a 51 percent increase over fourth quarter 2006 revenues of $3.2 billion and a 14 percent increase over third quarter 2007 revenues of $4.2 billion. Net of payments made to partners who carry Google's ads on their websites, the company's revenues were $3.39 billion. Those numbers fell short of expectations of analysts polled by Thomson Financial, who believed Google would post earnings of $4.44 a share on $3.45 billion in revenue. Google reported fourth-quarter profits of $1.2 billion, up from $1.1 billion in the third quarter of 2007.

1:11 PM on Thu Jan 31 2008
By Nicholas Carlson
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11 comments

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dantheman82 at 01:37 PM on 01/31/08
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And the stock has gotten trashed. Down 8-9% after hrs.
nobuggin at 01:37 PM on 01/31/08
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"Too damn easy" and the stock drops 8%.

Nice analysis, quality. They actually missed both net revenue as well as EPS targets -- good reporting.
yhoonomore at 01:44 PM on 01/31/08
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Exactly, why are so many blog journalists blinded by Google? Fox News/Conservatives = Valleywag/Google.
dantheman82 at 01:44 PM on 01/31/08
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Don't be too hard on him...he drank the Google Koolade long ago. Another of the tech horsemen to be beaten down...
It Must Be Take a Worm... at 01:46 PM on 01/31/08
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Google forever! They're the Duran Duran of the tech game, that Sergey reminds me so much of Simon LeBon.

<3 <3 <3

My heart is with you GOOG! XOXOXOXO
dantheman82 at 01:47 PM on 01/31/08
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How long until the free gourmet meals are nixed? Dot Com 2.0, we hardly knew ya!
Nicholas Carlson at 02:08 PM on 01/31/08
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@nobuggin: Overlooked TAC. Yeah. Dumbass move.
Mr.Spin at 02:53 PM on 01/31/08
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Working here added 20 lbs to my once tight waistline! I wish Goog made us pay for food or changed the 100-foot rule (distance separating any one of us from food or snack stations) so we'd all stop eating so damn much!
Owen Thomas at 03:07 PM on 01/31/08
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@yhoonomore: We're no Google cheerleaders here. Carlson has been duly flogged for missing the traffic-acquisition costs. For those just now tuning in, Yahoo excludes TAC -- payments made to publishers to carry its ads -- while Google includes them. Analysts subtract them out of Google's figures when making their estimates, which can lead to confusion when they're compared with Google's official numbers.
BartKela at 03:53 PM on 01/31/08
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If Google is Duran Duran of high-tech, who would Yahoo be?

The Smiths?
hmorton at 09:17 PM on 01/31/08
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@BartKela: Howard Jones?