What Will Google Do With $42.6 Billion War Chest?

Posted by thevarguy2 on Oct 14, 2011 8:34 AM EDT
http://www.talkincloud.com/; By Joe Panettieri 		Mail this story
Print this story

When Google announced Q3 financial results today, most folks noted Google’s quarterly revenues surged 33 percent and nearly hit $10 billion. But perhaps the more interesting figure is $42.6 billion; that’s how much cash Google now has in the bank. Talkin’ Cloud wonders: Will Google CEO Larry Page open the vault and send Google out on a cloud services shopping spree? Here are early thoughts.

When Google announced Q3 financial results today, most folks noted Google’s quarterly revenues surged 33 percent and nearly hit $10 billion. But perhaps the more interesting figure is $42.6 billion; that’s how much cash Google now has in the bank. Talkin’ Cloud wonders: Will Google CEO Larry Page open the vault and send Google out on a cloud services shopping spree? Here are early thoughts.

Full Story

  Nav
» Read more about: Story Type: News Story

« Return to the newswire homepage

Subject Topic Starter Replies Views Last Post
They better just keep saving their money rexbinary 0 875 Oct 14, 2011 8:57 AM

You cannot post until you login.