Support 100 years of independent journalism.

  1. Business
13 April 2012updated 22 Oct 2020 3:55pm

Page still in Google’s driving seat

Recent results show Google is still every bit the search engine advertising king.

By Jason Stamper

Search engine behemoth Google announced its first quarter revenue after the bell last night, meeting analyst expectations. Net revenue, excluding fees paid to partners, came in at $8.14 bn in the three months ended March 31, compared with $6.54 bn in the year-ago period.

The results show that Larry Page has settled into his new role as CEO well since he took the reins a year ago. He’s steadied the ship, got Google+ towards some semblance of proper competition against Facebook (though it has an awfully long way to go) and also signed a  $12.5 bn deal to acquire smartphone maker Motorola Mobility Inc to help get its Android and phone businesses kicking harder. For now, Google is still every bit the search engine advertising king.

Perhaps tellingly, on the earnings call Page dodged questions as to whether Google will release its own tablet to compete with the Apple iPad and its ilk. Watch this space.

Jason Stamper is the editor of Computer Business Review.

Sign up for The New Statesman’s newsletters Tick the boxes of the newsletters you would like to receive. Quick and essential guide to domestic and global politics from the New Statesman's politics team. The New Statesman’s global affairs newsletter, every Monday and Friday. The best of the New Statesman, delivered to your inbox every weekday morning. The New Statesman’s weekly environment email on the politics, business and culture of the climate and nature crises - in your inbox every Thursday. A handy, three-minute glance at the week ahead in companies, markets, regulation and investment, landing in your inbox every Monday morning. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A newsletter showcasing the finest writing from the ideas section and the NS archive, covering political ideas, philosophy, criticism and intellectual history - sent every Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.

Content from our partners
How do we secure the hybrid office?
How materials innovation can help achieve net zero and level-up the UK
Fantastic mental well-being strategies and where to find them