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Google beats advert fears



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SEARCH engine giant Google helped calmed fears over an online advertising downturn after posting earnings of $1.31 billion (£656m) for the first three months of the year.
The US-based group beat forecasts with news of a 30 per cent hike in first quarter profits.

The group also said that UK revenues stood at £402m in the quarter, 15 per cent of the group's total sales, up from 14 per cent at the end of 2007.

Recent online industry figures suggested fewer people were clicking on Google's advertising.





The full article contains 93 words and appears in Edinburgh Evening News newspaper.
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  • Last Updated: 18 April 2008 12:49 PM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Technology
 
 

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