Google Set To Report Earnings Today

January 31, 2007 – 10:53 am

Sometime today (I’m assuming after the stock market closes) Google is scheduled to report their Q4 results for 2006.

Yahoo and E-Bay have already reported relatively strong results for Q4 2006 and I’m sure that Google stockholders are expecting much the same.

Google has been making some bold moves into new markets and have introduced a number of new services, including Google checkout which allows consumers to securely pay for goods and services online. This is in direct competition with Paypal which is owned by E-Bay.

Google bought out Youtube.com, a popular US based video sharing website for 1.65 billion in Google stock. They are currently in talks with the BBC to provide video content on many of their websites to increase revenues.

Google is also delving into radio, newspaper, mobile, and even video game advertising.

What are your thoughts on Google? Do you think they will have astonishing numbers for Q4 2006?

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