Tech Biz: Google Q4 Net Triples, Micheal Dell Back As CEO

Posted: Feb 1 2007, 3:00am CST | by , Updated: Aug 11 2010, 12:53am CDT, in News | Other Stuff

 
Tech Biz: Google Q4 Net Triples, Micheal Dell back as CEO
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Google earned again a ton with text links in Q4 2006. Google operating income for the fourth quarter of 2006 was $1.06 billion, or 33% of revenues.

Google reported revenues of $3.21 billion for the quarter ended December 31, 2006, an increase of 67% compared to the fourth quarter of 2005 and an increase of 19% compared to the third quarter of 2006. Investors are used to Google doing very well, so the stock did not reflect the great numbers.
More details in this Google press-release.
Dell Inc. announced yesterday that Michael Dell will assume the duties of Chief Executive Officer, effective immediately. Mr. Dell, who will retain his duties as Chairman of the Board, will replace Kevin Rollins.
So the founder is back in the driver seat. Michael Dell founded the company in 1984 with $1,000.

“Dell has tremendous opportunities ahead of it,” said Mr. Dell. “I am enthusiastic about Dell 2.0, which includes our plan to provide the best customer experience, build a strong global services business and ensure our products deliver the best long-term customer value.”
"Dell 2.0"? Oh no! Dell is going repackage itself as something which is not new and make customers assemble their own PCs like IKEA makes their customers do it. Hopefully Mr. Dell did not mean 2.0 in reference to Web 2.0.
More details in this Dell press-release.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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