Will the share price sustain growth? Will they keep doubling their earnings? These are some of the questions I often read on silicon valley investor’s blogs. A lot of experienced VC’s have made the calls over the past few months that Google wouldn’t sustain its unbelievable growth with revenue and its climbing share price. They have been proven wrong time and time again.

Google reported revenues of $3.66 billion for the quarter ended March 31, 2007, an increase of 63% compared to the first quarter of 2006 and an increase of 14% compared to the fourth quarter of 2006.

Google Sites Revenues - Google-owned sites generated revenuesof $2.28 billion, or 62% of total revenues, in the first quarter of 2007. This represents a 76% increase over first quarter 2006 revenues of $1.30 billion and a 15% increase over fourth quarter 2006 revenues of $1.98 billion.

Google Network Revenues - Google’s partner sites generated revenues, through AdSense programs, of $1.35 billion, or 37% of total revenues, in the first quarter of 2007. This represents a 45% increase over network revenues of $928 million generated in the first quarter of 2006 and a 12% increase over fourth quarter 2006 revenues of $1.20 billion.

Google Announces First Quarter 2007 Results