Posted By Rich Miller On April 19, 2007 @ 10:34 pm In Uncategorized | Comments Disabled
While there were some real estate-related expenditures as in prior quarters, the majority of our CapEx was related to IT infrastructure investments, including data centers, servers and networking equipment. As we have discussed previously, we expect to make continued significant capital expenditure investments to drive the growth of our business as these investments have contributed tremendously to our success to date.CEO Eric Schmidt also had a brief but noteworthy comment about the company’s investments in infrastructure and engineering:
We are also way, way investing in engineering because we believe this is a time where our model is scaling. The products that we are going to bring out in a year or two are going to have huge impacts to the investments we’re making in data centers, and we need the engineers to build the great products to do so.See the company’s announcement  and additional coverage at Bloomberg , Paid Content , CNN/Money  and Business 2 .
Article printed from Data Center Knowledge: http://www.datacenterknowledge.com
URL to article: http://www.datacenterknowledge.com/archives/2007/04/19/google-597-million-in-capex-in-1st-quarter/
URLs in this post:
 Seeking Alpha: http://internet.seekingalpha.com/article/32897
 company’s announcement: http://www.google.com/intl/en/press/pressrel/revenues_q107.html
 Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=aSIdOHxyOnmw
 Paid Content: http://www.paidcontent.org/entry/419-earnings-googles-q1-revenus-up-63-percent-net-income-flat-sequentially/
 CNN/Money: http://money.cnn.com/2007/04/19/technology/google_earnings/
 Business 2: http://blogs.business2.com/beta/2007/04/google_q1_07_ea.html
 Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
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