Strong online advertising revenues drive Google profits

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Strong online advertising revenues drive Google profits

News Article Published: Friday, 22 January 2010
Category: Insurance Financial Services Professional Services

Online search engine marketing giant Google saw revenues increase by 17% between October and December, as its advertising earnings jumped strongly. 

Google reported revenues of $6.67bn (£4bn) during the quarter, which were up from $5.7bn a year earlier. Net profit also went up to $1.97bn, but making a comparison with last year's performance is hard owing to a one-off charge in the final three months of 2008.

Google offers a range of services for businesses and individuals. Many insurance, financial and professional services businesses are increasingly using search engine marketing to connect with target audiences.

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