Google earns nearly 50% as much as IBM
October 16, 2008
This evening I was reading the post mortem from 3Q earnings announcements. Google surged with a 26% increase in earnings, to $1.35 billion. IBM was suffering a tad in Europe, but still posted gains from a year ago, earning $2.8 billion.
It took a minute for that to sink in.
Google, founded in 1998, now earns 48% [...]
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