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78% increase in revenue for Google outside the US

Google’s third quarter results show a growth year on year of 70% – a slower rate than the virtual doubling we have seen in the past, however, from a larger base so a still considerable increase in activity.

Google is pleased with its progress outside the US – the share of the international revenue increased from 42% to 44% of turnover. As the overall growth rate was 70%, this means the growth outside the US is well in excess of the US-based turnover.

By my calculations, Google’s turnover outside the US has increased by 78% from $0.67 billion to $1.18 billion. This compares with a US growth of 65% (my calculation).

Investment gains from the sale of shares in Baidu amounted to around $23 million.

CEO, Eric Schmidt, commented:

Our third quarter results are a testament to the strength of our
network of advertisers and partners, as well as our continuing focus on
users.

We were particularly pleased with the contributions of our international business in a
seasonally weaker quarter.

In addition, we continued to forge
significant partnerships with companies such as eBay, Fox Interactive
Media, and Intuit that will be of great value to all involved.

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Andy Atkins-Kruger

CEO at Webcertain
Andy is the CEO of Webcertain. He is a trained linguist with 20 years of experience in international marketing, having helped major brand leaders with their advertising and public relations projects on five continents. Webcertain has been operating multilingual search marketing campaigns for over 15 years and is one of few agencies which only deal with international campaigns; the company doesn't deal in single market projects. Andy speaks regularly at conferences around the world.

2 Responses to 782 increase in revenue for Google outside the US

  1. david law says:

    Even more impressive is Google’s 92% increase in profits from the same quarter a year ago. Google earned $733 million in the quarter, up from $381 million a year ago.

  2. David Temple says:

    Maybe they’ll take that money the got from the sale of those Baidu shares and use it to gain traction on Baidu in China. Wouldn’t that be ironic.

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