The company reported a steep drop in income -- down 68% to $382 million from $1.2 billion last year -- mostly because of one-time charges, some related to employee stock options. Without those charges, the company would have made $1.62 billion, compared to $1.21 billion in net income last year.
What bad economy? Google sales rise 18%
23.01.2009
Google brought in US$5.7 billion in the just-ended quarter, up 18 percent from $4.83 billion one year ago. That total includes "acquisition costs" -- the commission payments Google makes to website partners. When those are backed out, Google recorded sales of $4.22 billion, slightly above the $4.12 billion expected by analysts polled by Thomson Reuters.