Google's Advertising Sales Rose 17% in Quarter, Fastest Pace in a Year
Posted in: Internet Use/New Technologies at 22/01/2010 16:35
Google may be facing a potentially turbulent confrontation with China, but the company's online advertising business is picking up speed, helping Google to widen its lead over rivals.
Google said that its net income in the fourth quarter jumped more than fivefold from a year earlier and its sales grew 17 percent, the fastest pace in a year. The results were stronger than Wall Street's expectations.