Google after the bell for 10-19-06: Google blows past Q3 expectations, get your live blog here

Posted Oct 19th 2006 4:34PM by Brian White
Filed under: After the Bell, Products and Services, Consumer Experience, Live Coverage, Competitive Strategy, Google (GOOG), Marketing and Advertising

Google Inc. (NASDAQ: GOOG) shares closed the day at $426.06 per share, a gain of $6.75 or 1.61% over Wednesday's close. Google's Q3 earnings call -- which I liveblogged here -- was pretty insightful. However there were two questions that were deflected by Google execs that continue to weigh on me. Still, at $2.70 billion in Q3 revenue, Google continues to blow past expectations -- again.

First up -- how is Google going to diversify its revenue base beyond simple text ads and where is growth happening beyond the pay-per-click universe? Both questions center around where Google is headed in order to make money outside of pure Internet search, and of course much of the answers I heard had to do with Google's video properties -- namely Youtube.

If Google can transition its user base from text to video over the Internet (think of two-way video interactive searching and information), then something swell may be in store. If not, I'm still waiting on the answer folks.

Tags: GOOG, Google, Google, Inc., Google,Inc.