iPhone | iPad
Android
Huawei
The UAE face Sri Lanka in the semifinals of the Global qualifiers on Sunday. The winner of this match will qualify for this year's Women's T20 World Cup
KT APPDOWNLOAD
Google quarterly net profit up five-fold
SAN FRANCISCO – Google posted a five-fold rise in quarterly net profit to 1.97 billion dollars and said annual net profit rose 54 percent to 6.52 billion dollars.
Fourth-quarter revenue rose 17 percent to 6.67 billion dollars, the Internet giant said in a statement. “Given that the global economy is still in the early days of recovery, this was an extraordinary end to the year,” Google chief executive Eric Schmidt said. Schmidt credited Google’s management team, innovative talent, and business model as building blocks for the stellar final months of 2009. “As we enter 2010, we remain hugely optimistic about the Internet and are continuing to invest heavily in technological innovation for the benefit not only of our users and customers, but also the wider Web,” Schmidt said. In what could be good news for the economy and bode well for other Internet companies, Google saw a 13-percent increase in “paid clicks” on ads posted at its online properties. While Google has tightly managed its budget through the economic crisis, it feels the time is ripe to acquire promising new companies or technologies, according to executives. “The pace of deals in Q4 shows that we’re at least on a path of one per month and we should expect that to continue, some big, more small than big probably,” Schmidt said during an earnings conference call. Google reported that it finished 2009 with 24.5 billion dollars in cash, cash equivalents, and short-term marketable securities. About 53 percent of Google’s revenue for the quarter came from outside the United States in what could shine an even harsher spotlight on the Internet giant’s threat to pull out of China over online censorship. Google-style capitalism with a conscience is butting heads with China’s brand of communism. Google has vowed to stop bowing to Chinese online censorship that came as a legal condition when the California technology firm tailored a search engine for that country in 2006. The impetus for the stand was China-spawned cyber espionage that recently targeted Google and other firms. Analysts wonder what Google shutting down its search engine in China will mean to the firm’s bottom line as well as the future there of the company’s other offerings, such as mobile telephones with Android operating systems. Google earnings for the quarter bested analyst expectations, but the company’s stock price slid more than four percent to 556.27 dollars per share in trading that followed release of the report
More news from
A UNESCO report found that journalists and news outlets reporting on environmental issues dealt with about 750 attacks in the past 15 years
Here is everything you need to have in hand before you register for the procedure
The discovery was made after Sharjah National Oil Corporation drilled a well
Over 500,000 people, who are not on the taxpayer list are liable to file their income tax returns for 2023
From interacting with authors to learning computer coding, an adventure awaits at every corner
HD Revanna and son Prajwal Revanna are facing a probe over allegations of sexual harassment by a woman who worked in their household
Alsuwaidi bagged a second gold for the Emirates in the Adults Male -56 Kg category as Thailand topped the medal table on day one