Google increases revenue and profit
Google is defying the crisis: the internet giant continued to increase its profits strongly at the beginning of the year. The surplus increased by nine percent to 1.42 billion dollars in the first quarter.
Google is defying the crisis: the internet giant continued to increase its profits strongly at the beginning of the year. The surplus increased by nine percent to 1.42 billion dollars in the first quarter.
In the same period, sales rose by six percent year-on-year to 5.51 billion dollars, as Google announced on Thursday in Mountain View, California.
Google had a good quarter in view of the severity of the recession, CEO Eric Schmidt told the media. The search engine giant even exceeded analysts' expectations with its figures. The share price rose significantly in response to the announcement.
In the same period, sales rose by six percent year-on-year to 5.51 billion dollars, as Google announced on Thursday in Mountain View, California.
Google had a good quarter in view of the severity of the recession, CEO Eric Schmidt told the media. The search engine giant even exceeded analysts' expectations with its figures. The share price rose significantly in response to the announcement.
