Only Google can grow revenues 24 percent, year over year, and despite having given no "guidance," be said to have lagged expectations.
Friday, July 16, 2010
Google Revenue Grows 24% Year Over Year
Google reported revenues of $6.82 billion for the quarter ended June 30, 2010, an increase of 24 percent compared to the second quarter of 2009. That performance was described as "below analyst expectations."
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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