Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Blogs Google Watch
    • Blogs
    • Google Watch
    • Search Engines

    Google: Lots of Revenues, Not a Lot of Chitchat

    By
    Ben Charny
    -
    April 21, 2006
    Share
    Facebook
    Twitter
    Linkedin

      Google honchos Sergey Brin, Larry Page and Eric Schmidt promised they’d be short. And they were.

      The three top Google execs deliberately truncated their April 20 financial results conference call remarks in order to leave time for more questions from the financial community. (For more on the company’s well-received April 20 quarterly report that exceeded expectations, point a Web browser here.)

      But more time doesn’t necessarily mean Brin, Page or Schmidt were any more forthcoming than usual. Rather, they just had more questions to dance around, or so it seemed.

      Not that there’s anything unusual about an executive ducking a question. Yet one of the biggest frustrations the financial community has with Google, on display during the conference call, is how close-mouthed it is. Google’s hesitance makes a financial analyst’s job that much harder to do, and that in turn negatively impacts Google investors to varying degrees.

      As it continues to steam roll over other Internet search companies, Google has vowed to be more open. The last time was three months ago after Google posted its first-ever quarterly financial report that missed analysts’ targets, calculated, mind you, without any input from Google.

      To be fair, Google executives in the latest conference call did seem to speak out more on certain topics. One was the firm’s wireless ambitions. CEO Eric Schmidt volunteered that the wireless Internet available to cell phones is a very big focus for Google right now, and the company has future services in mind that involve Google Local, its local shopping and mapping feature, and a newly patented transcoder technology.

      “The notion of a transcoder is not a new one, it’s just that we think we have better one than anyone else,” Schmidt said on the call. “Mobile is a big strategic area. We have many, many more deals coming with mobile providers. It’s a big, big area for us.”

      In a bit of additional openness, Schmidt also offered a rather sobering view of Google’s efforts in China, a big focus of the Internet search industry. When asked about the nation, he said, “Most surveys indicate we’re not No. 1, we’re No. 2 and holding, or gaining share in small amounts.”

      Yet when it came time for the real litmus test as to how open Google is willing to be, the firm failed.

      Unlike employees at other publicly-traded firms, Google executive have never offered financial projections, which serves as an excuse not to answer a lot of questions in a public setting. The same was true this time around.

      At one point during the question and answer session, an analyst lobbed a query designed specifically so that Google couldn’t avoid the question by triggering the “forward projection” excuse.

      Yet that’s just how the Google executive responded. The analyst could, or so it seems, only laugh in frustration.

      Ben Charny

      MOST POPULAR ARTICLES

      Big Data and Analytics

      Alteryx’s Suresh Vittal on the Democratization of...

      James Maguire - May 31, 2022 0
      I spoke with Suresh Vittal, Chief Product Officer at Alteryx, about the industry mega-shift toward making data analytics tools accessible to a company’s complete...
      Read more
      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Applications

      Cisco’s Thimaya Subaiya on Customer Experience in...

      James Maguire - May 10, 2022 0
      I spoke with Thimaya Subaiya, SVP and GM of Global Customer Experience at Cisco, about the factors that create good customer experience – and...
      Read more
      Cloud

      IGEL CEO Jed Ayres on Edge and...

      James Maguire - June 14, 2022 0
      I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
      Read more
      Cloud

      Yotascale CEO Asim Razzaq on Controlling Multicloud...

      James Maguire - May 5, 2022 0
      Asim Razzaq, CEO of Yotascale, provides guidance on understanding—and containing—the complex cost structure of multicloud computing. Among the topics we covered:  As you survey the...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×