In stark contrast to Yahoo’s 78% Q2 drop (compared to 2005), Google announced it more than doubled it’s earnings.
The Mountain View, Calif.-based company said it earned $721 million, or $2.33 a share, for the period ended June 30, up from $342.8 million, or $1.19 cents, a year earlier.
Sales surged 77% to $2.46 billion as the company placed more ads alongside its search results.
So, Google earned $721 million, or $2.33 a share and Yahoo earned $164.3 million, or 11 cents per share.
I predict an increase in Google’s PPS and a further reduction in Yahoo’s – I know, I know, I’m a genius!