Google blew away forecasts and is up 40 points or almost 8% in after hours trading
Google reported non–GAAP EPS of $7.64, compared to an analyst consensus $6.68. Revenue was $7.29 billion for the quarter ended September 30, 2010, an increase of 23% compared to the third quarter of 2009.
Google, for this report only, broke out emerging businesses:
- $2.5B – Display annualized run rate (YouTube, non text ads). Display Advertising is making 2.5Billion/year.
- YouTube 2 Billion views/week. RPMs are strong.
- $1 Billion is made in Mobile.