Wednesday, March 07, 2007

A peek inside Google's war chest

Google has filed its Form 10-K for the fiscal year ending 2006, and there are some interesting tidbits in there. First off, the company's good financial performance over the past several years—going from revenues of $439.5 million in 2002 to $10.6 billion in 2006—has resulted in a massive war chest. Google's cash and short-term investments amounted to over $11.2 billion at the end of 2006. That's a 433 percent increase from 2004's $2.1 billion, and there is little to indicate that the growth party will end any time soon.

http://arstechnica.com/news.ars/post/20070302-8966.html

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