Google third quarter profits up 46 percent

Posted on Thursday, October 18 2007 @ 23:12 CEST by Thomas De Maesschalck

Earlier this week Intel announced it profits in the third quarter increased 43% compared to the year before but Google managed to do even better. The search giant announced a net income of $1.07 million - 46% more than the same period last year.

Google announced a revenue of $4.23 billion, 57% more than last year, and made a profit of $2.36 per share.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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