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Telstra adds one million mobile services, but Sensis plummets

Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.

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Google has a bumper first quarter

Business IT - Technology

Search engine giant Google Inc has reaped a bumper harvest in the first quarter of 2006, with a massive revenue increase of 79% over the previous corresponding quarter. Revenues of $2.25 billion, a quarter on quarter increase of 17%, put paid to the theory that Google's best growth days are behind it.

GAAP net profit for the first quarter was $592 million as compared to $372 million in the fourth quarter, an increase of 59%.

The strong results drove share prices up 8% in after hours trading.

"Google had an exceptional quarter with strong growth and profitability, from both Google properties and the network," said Eric Schmidt, CEO of Google. "We are driving this growth through investments in our infrastructure and our people, product innovations that attract new users, and relationships with advertisers and partners around the world.  The strength of our business model gives us the opportunity to invest in our business, allowing us to maintain and grow our market leadership."

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