Google reports slower growth amidst slowdown
Domain B
19-Apr-2009 (3 comments)

Even super-successful Google is feeling the pinch of recession as it reported slower profit and sales growth in the first quarter. The company also announced that its head of global sales, Omid Kordestani, would become a senior adviser to the CEO and Google's founders. Nikesh Arora will take over Kordestani's old job. Net income climbed 8.9 percent to $1.42 billion, or $4.49 a share, the company said yesterday. Excluding revenue passed on to partner sites, sales were $4.07 billion, compared with the average analyst estimate of $4.1 billion

>>>
recommended by Jahanshah Javid

Balatarin
Share/Save/Bookmark

 
OmidKarimi

Google adsense will be hit.

by OmidKarimi on Sun Apr 19, 2009 03:29 PM PDT

Google adsense will be hit. Less people buy products in general, especially from the web. The less sites are willing to pay per click, the less will webdesigners earn money, and less growth will be seen in internet entertainment because of increase in competation.

----------------------------------

For movies/clips about Iranian society, check out my website at: www.IranBebin.com

 


  •  
default

Too bad

by Shahla D. (not verified) on Sun Apr 19, 2009 12:38 PM PDT

It's too bad that he's retiring.


  •  
default

WHY?

by Anom Goog (not verified) on Sun Apr 19, 2009 11:17 AM PDT

There must be a reason that Google founders asked him to step down. Was it his performance? Why he didn't accept his annual bonus of $1.4M?:

//www.washingtonpost.com/wp-dyn/content/artic...


  •