Don't start celebrating just yet.. Last time I checked employee stock option expenses are an ACTUAL expense. $1 bil a quarter??
GOOG is the biggest ponzi scheme of them all....
Google (GOOG, Fortune 500) reported fourth-quarter net income of $382 million, down 68% from $1.2 billion a year ago. However, excluding certain charges, such as the cost of employee stock options, the company earned $5.10 a share, much better than consensus estimates of $4.95 per share.