Google reports stronger profits
Google, the internet search engine, has announced the strong results for the first three months of this year.
Net profit for the quarter was $1.42bn (£0.95bn), up 9% compared with the $1.31bn posted a year earlier.
Revenues came in at $5.51bn, 6% higher than for the same period last year but a decrease of 3% on the last quarter.
The results were better than many analysts had expected bearing in mind the recession in the US and the general downturn in advertising spending.
No comments:
Post a Comment