Interesting. If you look at the Operating income with fines they are actually down from last year. If you look at it without fines it's 14% growth...
Given the increased scrutiny and the regulatory headwinds I think the with fines is probably a more accurate number. If you want to split it you could call it stagnant.
They are hiring a lot of people, but from from I've heard and seen the hiring standards have been reduced from what they used to be. A lot of the spending is to make Wall Street think they have something beyond search but it is still the cash cow the keeps it going...
Given the increased scrutiny and the regulatory headwinds I think the with fines is probably a more accurate number. If you want to split it you could call it stagnant.
They are hiring a lot of people, but from from I've heard and seen the hiring standards have been reduced from what they used to be. A lot of the spending is to make Wall Street think they have something beyond search but it is still the cash cow the keeps it going...