As the New York Times reports today in Google Profit Soars Again, Beyond High Expectations, “Google continued its rapid growth in the second quarter, posting a profit of $343 million, or $1.19 per share, more than a fourfold increase from the same period a year ago. Revenues doubled to $1.38 billion from the quarter a year earlier. Earnings per share, adjusted for certain stock-based compensation, reached $1.37, far exceeding analysts' expectations of $1.21.”
It continues to surpass its main rivals, Yahoo and Microsoft. I use Google as a given like the telephone, whenever I search and search is the second most common internet activity after email. I have written about Google a few times and its influence on many things like, Does Google Write the Next Dictionary?, Google Defines Stuff, Google Desktop Search has Arrived, and A Diller a Dollar, a Google Scholar. There are many more and if you “google” my blog you can find them. To google is becoming the generic term, like to Xerox but with an greater potential for expansion than photocopying. Where will this all go? Can anyone break into this spreading set of related capabilities? If the influence becomes too pervasive, will it become regulated like the telephone?
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