2. While growth is slowing down...
EU-27
North America
0,1%
-0,1% 3%
ASEAN
Middle East and Africa
Latin America
4.8%
2.2%
Economic Growth for 2008
The Economist - The World in 2009

3. …revenue is growing by 18% at Google
In Mountain View
+18%

4. Growth is driven by Google properties
Revenue from Google’s sites Revenue from Network
(google.com, youtube, gmail, etc.) (Sites using AdSense)
70% of Total Revenue
$ 3,811 million in Q4 $ 1,693 million in Q4
+22% +4%

5. International has waxed and waned
Strong change in
currency exchange
rate

6. $460M to revamp stock options plan
With the stock collapse $460 M Plan Increase Retention
85% of Google employees To lower the exchange Of top talents
have underwater stock options price to $300
$460 M
Plan
Employee Employee

7. Strategic refocus for long-term growth
Out
Not core
In
Focus on transformation
Not successful products
Redundant - transform markets or ideas
- transform how information works and
products
displays

8. Net income of $ 382 M for Q4
+0.6% $ 1,094,757,000
Impairment on equity
2007 2008 investments due to
$ 4,203,720,000 $ 4,226,858,000 market valorisation
collapse:
• $726 million for
AOL
• $355 million for
Clearwire
$ 1,002,162,000
$ 1,069,989,000
$ 1,206,449,000
$ 1,307,086,000
$ 1,247,391,000
$ 1,289,938,000
$ 925,120,000
$ 382,442,000
Net income for 2008
without this
impairement is
$5,321,615,000
(+26%)
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

9. This slideshow was created by
Even if the content is based on Google Q4 2008 Earnings Summary, it is simply an analysis and doesn’t necessarily reflect
Google’s opinion
Icons on slide 5 & 6 come from www.everaldo.com/crystal/ licensed under LGPL
Icons on slide 7 come from www.theiconlab.com
The world map come from www.theflashblog.com