Monday, October 23, 2006

Google Record Strong Growth in Q3

Google announced its Q3 profit double to US$7 billion, with sales increased over 70% compared with Q2. Google.com and Google News brings in revenue US$16 billion, with Y-Y increase over 80%. Total revenue reached $US26 billion. It breaks the rumor that Google Ad business is going to saturate. This year Google allocate additional development expenses on new software, multimedia ads, movie and printing business.

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