Google Announces Q3 2011 Financial Results, Google+ has 40 million users
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Google Announces Q3 2011 Financial Results, Google+ has 40 million users
1–10 of 66 posts
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#2Yes, but how many monthly actives?
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#3[deleted]
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#4The number of users doesn't mean much, everyone is invited now.
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#5Yes, but how many monthly actives?
Exactly. I hate these misuses of the word 'Users'.
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#6"Cash – As of September 30, 2011, cash, cash equivalents, and short-term marketable securities were $42.6 billion."
During this quarter, Google made $302 million on interest alone. That's an impressive 11% of this quarter's net profit. I wonder what they plan to do with all that money.
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#7And how many of those accounts are spammers getting in early to build rep and appear legitimate?
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#8"Cash – As of September 30, 2011, cash, cash equivalents, and short-term marketable securities were $42.6 billion." During this quarter, Google made $302 million on interest alone. That's an impressive 11% of this quarter's net profit. I wonder what they plan to do with all that money.
[deleted]
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#9"Cash – As of September 30, 2011, cash, cash equivalents, and short-term marketable securities were $42.6 billion." During this quarter, Google made $302 million on interest alone. That's an impressive 11% of this quarter's net profit. I wonder what they plan to do with all that money.
Buy patents apparently :-) More seriously, I asked once about this when they were removing bottled water from the local mini-kitchens and dropping over 1 billion dollars a quarter into the bank. My question was "Gee, can't you spare a couple of million this quarter to keep the bottled water restocked?" and obviously the answer was that they could not.
But from a corporate/strategic point of view having a lot of cash on hand makes executives more aggressive and that can be a good thing for the company. Just like employee's that are too afraid to lose their job to say what they really need to say, executives who are too afraid that their next decision could doom the company won't take those risks.
Like anything there is a balance.
Re: Google Announces Q3 2011 Financial Results, Google+ has 40 million users
#10"Cash – As of September 30, 2011, cash, cash equivalents, and short-term marketable securities were $42.6 billion." During this quarter, Google made $302 million on interest alone. That's an impressive 11% of this quarter's net profit. I wonder what they plan to do with all that money.
Buy patents apparently :-) More seriously, I asked once about this when they were removing bottled water from the local mini-kitchens and dropping over 1 billion dollars a quarter into the bank. My question was "Gee, can't you spare a couple of million this quarter to keep the bottled water restocked?" and obviously the answer was that they could not. But from a corporate/strategic point of view having a lot of cash…
Glad that they took away the bottled water. It is still H20 from the water fountain.