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Google Earnings As Expected, Revenue Up 57%

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Google shares have been up and down in estimates.

The slim margin doesn't match the hype coming into the report. murdok writer David Utter mentioned earlier this week that some Wall Street figures projected Google would beat estimates by as much as
"Our efforts to offer more products and services in international markets as well as effectively grow our technology infrastructure and add to our deep talent base during the quarter helped to deliver growth by enabling Google to reach more users around the world."

Though EPS were largely as expected, analysts expect Google shares to soar above $700 if and when Google announces its entry into the mobile phone market.

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