Friday, October 26, 2007

Two different stories.

Google's revenue, excluding commissions paid to marketing partners, totaled $3.01 billion,in the third quarter. It is 23% of partners work, it is up from 21%.in the second quarter.
International operations accounted for 48% of revenue during the third quarter
Google handled 53.6% of U.S. Web-search queries in August, compared with 52.7% in June,
The rate of revenue growth from partner sites(money taken from its partners) that carry advertising brokered by Google picked up during the quarter to 40% from 36% during the second quarter.

The $8.4 billion write down of Merrill Lynch is nearly one fifth of its $42 billion net worth.
Merrill recorded a $2.24 billion loss for the quarter, making it one of the biggest losses in Wall Street history.

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