{"id":529887,"date":"2010-04-16T11:30:00","date_gmt":"2010-04-16T15:30:00","guid":{"rendered":"tag:feeds.phonedog.com:\/\/d63ed62cdadcc5d0b11e3ece2bc6919a"},"modified":"2010-04-16T11:30:00","modified_gmt":"2010-04-16T15:30:00","slug":"google-quarterly-earnings-call-reveals-increased-apps-n1-profitability","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/529887","title":{"rendered":"Google: Quarterly earnings call reveals increased apps, N1 profitability"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/r.phonedog.com\/shared\/images\/2010\/4\/99929-Googleplex.jpg\" alt=\"Googleplex\" width=\"415\" height=\"312\" \/><\/p>\n<p>Yesterday Google had its quarterly earnings call, announcing the company&#8217;s financial results for the quarter ending March 31, 2010.&nbsp; According to the press release, Google&#8217;s revenues for Q1 2010 were $6.77 billion, which was a 23% increase over the same quarter in 2009.&nbsp;&nbsp; Patrick Pichette, Google CFO said, &#8220;Google performed very well in the first quarter, with 23% year over year revenue growth driven by strength across all major verticals and geographies.&nbsp; Going forward, we remain committed to heavy investment in innovation &#8211; both to spur future growth in our core and emerging businesses as well as to help build the future of the open web.&rdquo; <\/p>\n<p>Aside from specific financial achievements, a few notable successes on the Android front were also mentioned.&nbsp; First, apps in the Android Market are continuously on the rise.&nbsp; In March, Google made 30,000 the official number of apps in the market.&nbsp; At yesterday&#8217;s call, Google tacked on an additionally 8,000 apps for a total of 38,000 apps in the market; not bad for a month&#8217;s time.<\/p>\n<p>In addition to the success with Android apps, Google also reported that the Nexus One has reached profitability.&nbsp; This came as a surprise due to earlier reports (from sources other than Google) suggesting that the N1 was off to a slow start and had not reached the level of success analysts had originally forecast.&nbsp; But Google is maintaining that they are pleased with the level of success that the N1 has had, stating that they are &ldquo;happy with device uptake and [the] impact it has had raising the bar showing what a smartphone can do.&rdquo;<\/p>\n<p> For the full press release, go <a href=\"http:\/\/investor.google.com\/earnings\/2010\/Q1_google_earnings.html\" >here<\/a>.&nbsp; Man, if only I had purchased Google stock a few years ago.&nbsp; Any thoughts or insights?&nbsp; Feel free to leave them below!<\/p>\n<p>Via <a href=\"http:\/\/techcrunch.com\/2010\/04\/15\/google-android-market-now-serving-38000-apps-nexus-one-is-a-profitable-business\/\" >TechCrunch<\/a><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/QXrmCWE4KBAma_SXv8UYiQIIVM4\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/QXrmCWE4KBAma_SXv8UYiQIIVM4\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/QXrmCWE4KBAma_SXv8UYiQIIVM4\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/QXrmCWE4KBAma_SXv8UYiQIIVM4\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/phonedog_cellphoneblog\/~4\/DWH6qUS36iA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday Google had its quarterly earnings call, announcing the company&#8217;s financial results for the quarter ending March 31, 2010.&nbsp; According to the press release, Google&#8217;s revenues for Q1 2010 were $6.77 billion, which was a 23% increase over the same quarter in 2009.&nbsp;&nbsp; Patrick Pichette, Google CFO said, &#8220;Google performed very well in the first [&hellip;]<\/p>\n","protected":false},"author":671,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-529887","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/529887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/671"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=529887"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/529887\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=529887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=529887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=529887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}