Baidu first quarter profits up 40%
Baidu (NASDAQ: BIDU) advertised on March 31 as of the unaudited fiscal report. Quote, Profile, Baidu first quarter of 2009 running wages was 810.7 million yuan, up 41.1 percent; running yield of about 198.5 million yuan, up 34.7%; returns per share 5.25 yuan.
At the same time, Baidu also is expected to ring the second quarter growth will reach more than 32% -36%.
All the major Internet companies in general in the fourth quarter of 2008 than a ring down. Data show that 14 consecutive quarter of year-on-year doubling of Baidu, the first quarter of year-on-year growth rate was significantly lower than the past.
The first quarter, Baidu's profits from online selling to 810.2 million yuan, an advance of 41.5%. The first quarter, Baidu has more than 185,000 customers for the provision of services in 2008 than the 14.9 out of 100 advance over the matching interval, midpoint wages of 4400 yuan, weighed against with 22.2 out of 100 growth.
However, since the third quarter of 2008 Baidu to pay customers in a clear "problem" of bidding top customers, as well as seasonal factors, and macro-economic slowdown, resulting in the first quarter of their average expenditure chain quarter fell by 6%, respectively, and 4%. JI Wei Dong a researcher at Morgan Stanley pointed out that Baidu quarter operating margin in the first quarter decrease of 10 percentage points to 26%, touching its lowest level in two years, due in part to research and development costs and traffic acquisition costs.
Baidu search for new profit growth point. People in the industry are two of the most promising one is the original product to upgrade the system's "phoenix nest" and the other is based on the wireless network search service.
Phoenix nest last week on-line investigating, the wares was that Baidu will become the short-term profits expansion and new impetus to the development view frontwards to.
During the Boao Forum, Li verified that Baidu and China Telecom, China Unicom (6.61, -0.01, -0.15%) to talk about collaboration between the report and said Baidu and China Mobile is negotiating collaboration in the area of wireless seek, and he explorations the market for wireless hopeful about the prospects. - 18418
At the same time, Baidu also is expected to ring the second quarter growth will reach more than 32% -36%.
All the major Internet companies in general in the fourth quarter of 2008 than a ring down. Data show that 14 consecutive quarter of year-on-year doubling of Baidu, the first quarter of year-on-year growth rate was significantly lower than the past.
The first quarter, Baidu's profits from online selling to 810.2 million yuan, an advance of 41.5%. The first quarter, Baidu has more than 185,000 customers for the provision of services in 2008 than the 14.9 out of 100 advance over the matching interval, midpoint wages of 4400 yuan, weighed against with 22.2 out of 100 growth.
However, since the third quarter of 2008 Baidu to pay customers in a clear "problem" of bidding top customers, as well as seasonal factors, and macro-economic slowdown, resulting in the first quarter of their average expenditure chain quarter fell by 6%, respectively, and 4%. JI Wei Dong a researcher at Morgan Stanley pointed out that Baidu quarter operating margin in the first quarter decrease of 10 percentage points to 26%, touching its lowest level in two years, due in part to research and development costs and traffic acquisition costs.
Baidu search for new profit growth point. People in the industry are two of the most promising one is the original product to upgrade the system's "phoenix nest" and the other is based on the wireless network search service.
Phoenix nest last week on-line investigating, the wares was that Baidu will become the short-term profits expansion and new impetus to the development view frontwards to.
During the Boao Forum, Li verified that Baidu and China Telecom, China Unicom (6.61, -0.01, -0.15%) to talk about collaboration between the report and said Baidu and China Mobile is negotiating collaboration in the area of wireless seek, and he explorations the market for wireless hopeful about the prospects. - 18418



