Google Revenue Up 17% in 4th Quarter

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Google rode strong advertising income to revenues of $6.67 billion last quarter.  That marked a 17% increase from October.  Net profits were $1.97 billion.  And while the figures were not as high as many investors expected--Google shares fell 5% late yesterday--the Wall Street Journal's Julia Angwin finds it remarkable that the internet giant can still be viewed as a "growth" company, even as it controls two-thirds of the search market. Angwin and Barron's Eric Savitz discuss the earnings report and other Google news at the Wall Street Journal's News Hub:


Posted 01-22-2010 9:29 AM by Graham Griffith
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