What Will Google Do With $42.6 Billion War Chest?

Posted by thevarguy2 on Oct 14, 2011 8:34 AM EDT
http://www.talkincloud.com/; By Joe Panettieri 		Mail this story
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When Google announced Q3 financial results today, most folks noted Google’s quarterly revenues surged 33 percent and nearly hit $10 billion. But perhaps the more interesting figure is $42.6 billion; that’s how much cash Google now has in the bank. Talkin’ Cloud wonders: Will Google CEO Larry Page open the vault and send Google out on a cloud services shopping spree? Here are early thoughts.

When Google announced Q3 financial results today, most folks noted Google’s quarterly revenues surged 33 percent and nearly hit $10 billion. But perhaps the more interesting figure is $42.6 billion; that’s how much cash Google now has in the bank. Talkin’ Cloud wonders: Will Google CEO Larry Page open the vault and send Google out on a cloud services shopping spree? Here are early thoughts.

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They better just keep saving their money rexbinary 0 878 Oct 14, 2011 8:57 AM

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