4-5NT)IN 6IE78 (alif9 : -cto&er 1;8 2011 < ,oogle Inc9
=N)'/)Q> ,--,? today announcedfinancial results for t*e @uarter
ended 'eptem&er ;08 20119A7e *ad a great @uarter8 said Carry
age8 (E- of ,oogle9 D.evenue was up ;; year on year and
our@uarterly revenue was ust s*ort of G10 &illion9 ,oogle is
now open to everyone and we ust passed t*e%0 million user mar+9
eople are floc+ing into ,oogle at an incredi&le rate and we are
ust gettingstartedAQ; Financial 'ummary,oogle reported revenues of
G9"2 &illion for t*e @uarter ended 'eptem&er ;08 20118 an
increase of ;;compared to t*e t*ird @uarter of 20109 ,oogle reports
its revenues8 consistent wit* ,))8 on a gross&asis wit*out
deducting traffic ac@uisition costs =T)(?9 In t*e t*ird @uarter of
20118 T)( totaled G2921&illion8 or 2% of advertising
revenues9,oogle reports operating income8 operating margin8 net
income8 and earnings per s*are =E'? on a,)) and non
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,)) net income in t*e t*ird @uarter of 2011 was G29";
&illion8 compared to G291" &illion in t*e t*ird@uarter of
20109 Non
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T*e maority of T)( is related to amounts ultimately paid to our
)d'ense partners8 w*ic* totaled G19!;&illion in t*e t*ird
@uarter of 20119 T)( also includes amounts ultimately paid to
certain distri&utionpartners and ot*ers w*o direct traffic to
our we&site8 w*ic* totaled G;!; million in t*e t*ird @uarter
of20119-t*er (ost of .evenues < -t*er cost of revenues8 w*ic* is
comprised primarily of data center
operational eJpenses8 amortiLation of intangi&le assets8
content ac@uisition costs as well as credit cardprocessing c*arges8
increased to G191" &illion8 or 12 of revenues8 in t*e t*ird
@uarter of 20118compared to G"%" million8 or 10 of revenues8 in t*e
t*ird @uarter of 20109-perating EJpenses < -perating eJpenses8
ot*er t*an cost of revenues8 were G;92! &illion in t*e
t*ird@uarter of 20118 or ;% of revenues8 compared to G291
&illion in t*e t*ird @uarter of 20108 or ;0
ofrevenues9'toc+
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reconciliations of certain non
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varying availa&le valuation met*odologies8 su&ective
assumptions and t*e variety of award types t*atcompanies can use
under F)'B )'( Topic "1!8 ,oogleOs management &elieves t*at
providing a non
