Techno-News Blog

October 21, 2010

Google’s profits lifted by higher advertising revenues

Filed under: Uncategorized — admin @ 12:20 am

by the BBC

Google has pledged to ‘aggressively’ invest Google’s latest quarterly results have beaten market expectations after it posted a 32% rise in profits. The internet giant made a net profit of $2.17bn (£1.4bn) in the three months to 30 September, up from $1.6bn for the same period a year earlier. Google thanked higher advertising revenues, but also the success of its newer businesses, such as its Android mobile phone operating system. Its overall revenues were up 23% to $7.29bn. Google chief executive Eric Schmidt said the company had enjoyed “an excellent quarter”.

http://www.bbc.co.uk/news/business-11545463

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