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Google nets double profits

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Published Date: 20 October 2006
INTERNET search engine Google has seen profits almost double, confirming its market domination.
Its strong results were fuelled by growth on company-owned Web sites and overseas, driving profits up 91 per cent to £391 million ($733m) in the three months until the end of September.

Revenues also rose by 70 per cent to £1.4bn ($2.7bn), beating expectations and leading to a rise in its share price.



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  • Last Updated: 20 October 2006 9:49 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Google
 
 

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