Friday, October 20, 2006

Google profits doubled

Hope you're still holding on to that Google stock.
From the BBC:
Internet search giant Google has confirmed its ongoing market domination by announcing that its third quarter profits have almost doubled.
During the three months until the end of September, its net income was $733m (£390m), a 92% increase on the $381m it made in the same time last year.
With advertising sales soaring, Google's revenues rose 70% from a year ago to $2.7bn.
The figures comes a week after Google bought YouTube for $1.65bn.

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