BizReport: "Speaking at Google's first annual meeting since going public, chief executive Eric E. Schmidt told shareholders he anticipated that the company, which gets almost all of its revenue from advertising sales, would see a shift that would reflect its increasing global presence. The company's latest financial results show that it generates slightly less than two-thirds of its revenue domestically.
'This week, we got the necessary permit to open an office in China,' Schmidt said. 'As the Internet penetrates these countries, Google's market share will follow.'"
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