Google: Revenues Won’t Decline
2009 March 5
Google’s CEO Eric Schmidt said the economic storm will affect all forms of advertising, including the online ads that Google depends on, but said that he doesn’t expect Google to experience a decline in revenue.
“We don’t predict things like that,” Schmidt said in a CNBC television interview on Wednesday, when asked if the company’s diversity would shield it from the economic slowdown.
But, he added, “from my perspective it’s hard to imagine why you’d see a decline.”
Schmidt also said Google continues to look at acquisition opportunities, but said he wasn’t sure that prices were at their lows yet, or that the economic slowdown has reached its bottom.
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“Schmidt also said Google continues to look at acquisition opportunities, but said he wasn’t sure that prices were at their lows yet, or that the economic slowdown has reached its bottom.”
That’s the scariest part and it’s true too.
As for their revenue diversity, isn’t it still 97% from search engine ads? They don’t expect their revenues to decline but ours has been and certainly will.
Tony
Yes our revenues will decline until we can find a better use for domains than just parking them
Adsense is a temporary option for domain owners until a site is developed. Relying on a company that won’t disclose revenue share information with it’s domain name partner is a scary partner to work with. Smoke and mirrors from a company that large is shameful. I mean YOU ARE sending them the traffic, not the other way around. Transparency about sales information would be nice.
Cheers.
adnot
p.s thanks for the great online meeting yesterday at Domainsuccess. Many great tips for domain owners.
Unrelated comment but still relevant…Do you provide a link to the audio recording of the meeting yesterday at Domainsuccess? Thanks.
You have to check out domainsuccess.com