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Google's 600% profit increase

temi

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Internet search engine Google has reaped the rewards of a rapid growth in search advertising with a near six-fold surge in quarterly earnings.
Google reported a net income of $369.2m (£282.7m), or $1.29 a share, in the first quarter, compared with $64m, or 24 cents a share a year ago.

The figures eclipsed even the most optimistic of Wall Street forecasts.

Shares in Google rallied by more than $5 after the closing bell on Thursday to trade at $214 a share.


source/full story: news.bbc.co.uk/1/hi/business/4470747.stm
 
Awesome performance by Google. I have played my own small part in boosting their profits :eek:
 
Holy mama! btw termi (well im not a webmaster and im below 14 :( ) I haven't helped Google... yet :p. Hey, is that all in 1 year? man 600%?..... shoot
 
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