After Google beat analysts estimates in its October 2007 quarter, CEO Eric Schmidt had this to say:
When we look at it, revenue growth of course very healthy, both in Google.com and also in our AdSense businesses. And the seasonal weakness in traffic was milder than we expected on Google.com, which was a very pleasant surprise from our perspective. It is obvious to us that the search quality investments that we are making are paying off, particularly internationally, as we do better and better in almost every country.
This was boilerplate CEO-speak coming from management. But that was … Read more