In the recently reported Q2 2009 numbers, Baidu, China's own search engine,has performed well (much better than what has been predicted).
In Chinese Search market, Baidu is number one with around two-third share. Google is number Two.
Consider these Baidu numbers:
Revenue Q2 2009 ___________________$160.7 million
Revenue Q2 2008 ___________________$117 million
Increase in revenue compared to the Q2 2008 (YoY)_______37 percent
Net Income Q2 2009 ___________________$56.1 million
Net Income Q2 2008 ___________________$39 million
Increase in Net Income compared to the Q2 2008 (YoY)_______44 percent
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Baidu expects to do even better in the next quarter, forecasting a 15 to 18 percent sequential growth in revenue in the next quarter. Hence Baidu revenue for the next quarter should be in the range of
Range of Baidu revenue in Q3 2009________________$ 184.8 million -- $ 189.6 million --------