Google Announces Record Revenues For Q1 FY2005

Wow. That’s about all I can say about Google’s Q1 reporting.

Google reported record revenues of $1.256 billion for the quarter ended March 31, 2005, up 93% year over year. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs or TAC, the portion of revenues shared with partners.

More information on Google’s profits can be found in the press release.

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