GOOG ducks a question on its conf call (1Q05 conf call quotes)
Google (ticker: GOOG) co-founder and President of Products Larry Page was asked by CIBC analyst Mike Gallant on GOOG's Q1 conference call when it expects its new product initiatives (such as Google News, Froogle and Gmail) to generate signficant amounts of revenue. Mr Page's reply:
Quick comments:I think -- we actually don't think about it exactly that way. And the reason why it's a bit more complicated for us is that many of the products that I mentioned are very well integrated into Google's main search product. For example, when you search for a product and you've got a listing from Froogle, maybe a very large percentage or the majority of people actually get those listings by searching directly on Google and getting a listing through Froogle that's shown on Google at the top using what we call one box.
So I think -- when we think about these products we think about them as improving our core product for our users and also we look at those products as generating a lot of distribution for those products through our core search. And from those metrics I think we're doing very, very well both on improving the user experience and on improving our ability to monetize and get the right information to consumers.
(Quotes are from the CCBN StreetEvents transcript.)
- Yup, but they also function as stand-alone products; and Google could provide data for the stand-alone revenue streams.
- GOOG's quarterly conference call is wonderful: in one hour it adds almost zero incremental information to that already given out in the company's earnings press release. But all those poor sell-side analysts still have to listen (and be seen to be listening).
Get Seeking Alpha Free Stock Alerts by Email!
Get Free Stock Alerts by Email!
ETFs In Focus
-
Editor's Picks
-
Most Popular
- Opportunity in Emerging Markets Amidst This Panic
- iPhone Sales Drastically Surpass Q4 Consensus; Apple Reaches 10m Goal
- Buy, Sell or Hold: BofA Will Strengthen as the Weak Perish
- How Much Will a Wells-Wachovia Deal Cost Taxpayers?
- Fannie and Freddie Did Not Cause This Crisis
- 36 Opportunities for the Beginning of the Bull
- Full list of Editor's Picks »
- Iceland: When Too Big to Fail Becomes Too Big to Rescue »
- Who Is Now Number One in the Banking Industry? »
- 36 Opportunities for the Beginning of the Bull »
- 25 Cash Cows to Ride Out the Storm- Barron's »
- 3 Stocks That Are Begging To Be Bought »
- Bailout Bill Passes; What Happens Now? »
- Big Tech Prepares for Big Layoffs »
- iPhone Sales Drastically Surpass Q4 Consensus; Apple Reaches 10m Goal »
- Fannie and Freddie Did Not Cause This Crisis »
- Why Is Everybody Selling as Buffett Is Loading Up? »
- Now's the Time to Buy Bank Stocks »
-
Long Ideas
-
Short Ideas
-
Cramer's Picks
- Time To Go Long, For A Short Time?
- Four Energy Bargains
- A-Power Energy Announces Huge Contract, Stock Down 11%
- Dun & Bradstreet: Weeding Out Disinformation in the Information Age
- Cramer: Dow Could Drop Another 14%, Oil's Going to $50
- Irrational Despair Is Creating Great Buying Opportunities in Two Chinese Companies
- Many Companies Are Still Raising Dividends
- Transportation Sector May Be Overly 'Clobbered'
- Gilat Take Two: Anteing Up Again
- Opportunity in Emerging Markets Amidst This Panic
- Full list of Long Ideas »
- Gaming Stocks Still a Poor Bet - Barron's
- After Coming Rate Cuts, Some Appealing Short ETFs
- M/I Homes: Common Share Price Perplexing
- Trading ERO This Week
- Talk Me Down From the Wells Fargo Ledge
- SKF Regaining Its Old Form?
- Continuing Haircut in DST's Investment Portfolio
- Fortis and Bradford and Bingley Banks Thrown Lifelines
- The Short Case on KBH Homes
- International Game Technology: Good Short Opportunity
- Full list of Short Ideas »
- The Cramer Crash?
- Cramer: Dow Could Drop Another 14%, Oil's Going to $50
- Musical Chairs - Cramer's Mad Money (10/3/08)
- Not Much to Recommend - Cramer's Lightning Round (10/3/08)
- Imminent Rate Cut? - Cramer's Stop Trading! (10/3/08)
- American Express to the Sell Block - Cramer's Mad Money (10/2/08)
- Buy Rarely; Sell Repeatedly - Cramer's Lightning Round (10/2/08)
- Any Kind of Return - Cramer's Stop Trading! (10/2/08)
- Throw Everything At It - Cramer's Mad Money (10/1/08)
- No Buy Recommendations - Cramer's Lightning Round (10/1/08)
- Full list of Cramers Picks »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »