Google’s Profit Growth Declines to Meager 17%

Thursday, January 31st, 2008;
-- Andy Beal | 9 Comments » |

After managing a 46% profit increase in Q3, Google could only manage a meager 17% growth in Q4 2007 (compared to Q4 2006). Wall Street rewarded Google with a 7% after-close stock plunge.

Want the full details?

Google earned $1.21 billion, or $3.79 per share, during the final three months of 2007. That’s up 17 percent from net income of $1.03 billion, or $3.29 per share, in the same period a year earlier.

More Bad News

The number of people clicking on AdWords rose just 9%–which was less than analysts expected–mostly in part due to Google’s efforts to filter out what it calls “accidental” clicks.

Google Set for World Domination

Thursday, January 31st, 2008;
-- Janet Meiners | 9 Comments » |

If Yahoo’s earnings were disappointing and the economy slowing, there’s a piece of bright news today. Google is announcing their earnings today. The word Forbes used to describe what to expect from Google stock is stellar growth. The number in the article is a 40% increase in net income. This despite Google losing a small slice of the search engine market share last month.

Yahoo’s profit fell 23% and they mentioned Google as a factor as their revenue freefalls.

Apple Using Google as a Verb

Thursday, January 31st, 2008;
-- David Vogelpohl | 12 Comments » |

Every branding professional you’ll meet will tell you that you never ever refer to your brand as a verb. Phrases like “I Googled that” or “I Xeroxed this” are poison to the ears of those who understand trademark law.

Without getting into the intricacies of trademark law (which I don’t fully understand anyways), the short explanation is that you should only reference your trademark as an adjective. An example of a properly used trademark would be “Google™ Search Engine”.

With this in mind, I was a little surprised recently when going through my iPhone to find Google business partner Apple using Google as a verb.

Pilgrim’s Picks for January 31

Thursday, January 31st, 2008;
-- Andy Beal | 1 Comment » |

Wow, where did January go? It’ll be Spring before you know it!

In the meantime, enjoy these picks:

Google’s Page & Brin Will Call it Quits in 2024?

Thursday, January 31st, 2008;
-- Andy Beal | 3 Comments » |

Now here’s a tidbit of info that might make Wall Street feel warm and fuzzy. Google co-founders Larry Page and Sergey Brin made a pledge to each other–not sure if a ring exchange was involved or not–to stay together for twenty years.

According to an interview in Fortune magazine, the deal was struck back in August 2004–just prior to the company’s IPO. To add a little twist to the relationship, CEO Eric Schmidt is also in on the deal–oh good, I get to use “menage à trois” in a blog post! :-)

ICANN Proposal to Eliminate Domain Tasting?

Wednesday, January 30th, 2008;
-- Roderick Ioerger | 4 Comments » |

Over the last month I and others have written quite a bit about domain tasting and how registrars are taking advantage of the policy, allowing them to capture potential domain names that their customers are searching for.

ICANN describes domain tasting as “the use of the Add Grace Period to test the profitability of a domain name registration. The AGP is a five-day period following the initial registration of a domain name when the registration may be deleted and a credit can be issued to a registrar.”

Linky Goodness, January 30

Wednesday, January 30th, 2008;
-- Jordan McCollum | 2 Comments » |

This Linky Goodness is near and dear to my heart, most especially because . . . it’s Wednesday.

Yahoo Lives! Er, Yahoo! Live

Wednesday, January 30th, 2008;
-- Jordan McCollum | 3 Comments » |

Earlier this month, Jerry Yang introduced Yahoo’s pending social-mail integration as “Yahoo Life” (though the company later clarified that the product was, in fact, nameless). But it looks like they’ll make sure the name, or something like unto it, goes to good use. Valleywag reports that Yahoo will launch a new “lifecasting” service called Yahoo Live.

According to Valleywag, Yahoo posted the following announcement on their intranet, Backyard:

Yahoo! Live is social TV, where you’re the star! Create your own social broadcasting experience. Start by broadcasting yourself from your webcam, invite your friends to chat with you, they’ll go live with you, and you’re all on candid camera!

Pilgrim’s Picks for January 30th

Wednesday, January 30th, 2008;
-- Andy Beal | 2 Comments » |

How about a round of applause for these news stories. They didn’t quite make it to their own blog post, but they get an honorable mention below:

How Many Facebook Users Actually Read the Wall Street Journal?

Wednesday, January 30th, 2008;
-- Andy Beal | 13 Comments » |

The fact that the WSJ and Facebook have just partnered on a new initiative to let Facebook users share their favorite news stories, surely demonstrates one of the following:

  1. Facebook is now dominated by 30+ -year old WSJ reading types.
  2. The WSJ is just desperate to attract some hip under 30-year old readers.
  3. Facebook is just completely selling out.
  4. Both companies are just desperate.

OK, so I’m teasing, but it really does just come across as a strange partnership. It’s almost as if both companies figured it would give each of them some buzz, so struck the deal without actually worrying if anyone would care to use it or not.

Sheep-Throwing Coming to MySpace?

Wednesday, January 30th, 2008;
-- Andy Beal | 4 Comments » |

One of the things that I happen to find the most annoying about Facebook–externally developed junk such as "Zombie biting" and "Sheep Throwing"–will soon grace the pages of MySpace accounts.

Just as we reported back in October, News Corp’s MySpace will launch its own external developer platform, in an effort to keep a step ahead of Facebook.

As part of the February 5 launch, it has also promoted MySpace business development executive Amit Kapur to a new role as chief operating officer…Developers can register for more information at http://developer.myspace.com beginning on Wednesday.

Only 200 Advertisers Sign on for Google TV Ads

Wednesday, January 30th, 2008;
-- Andy Beal | 7 Comments » |

It’s been a long time since I’ve linked to Valleywag–I figure there are only so many romance gossip stories our readers can take–but they’ve redeemed themselves with news that Google TV Ads has only managed to attract 200 clients.

During a PR pitch to New York ad agencies this week, Long Ellis of Google revealed the astonishingly low number.

While even Google Radio has about 1,600 advertisers, Google TV advertising currently counts around 200. Why so low? Don’t be fooled by the brand name. Google TV advertising isn’t much of an innovation yet.