Saturday, January 22, 2011

A year "brilliant" to Google

The publication of quarterly results from Google, on the night of Thursday to Friday, has been largely overshadowed by the announcement of the passing of founder Larry Page to executive management of the company, replacing Eric Schmidt. Yet the numbers are impressive: the benefit of Google jumped 30% in 2010 to 8.505 billion dollars (6.283 billion euros).

Turnover increased 24%, exceeding analysts' expectations. In the fourth quarter alone, net profit is 2.54 billion dollars (1.87 billion euros), up 29%. The action took 2.67% to 643.50 dollars in electronic trading after the close of trading. Mark Mahaney, an analyst at Citigroup, the results reflect "a significant positive impact" revenue gleaned from not only the search engine (PPC), but also with the increased presence in the mobile Internet, with video site YouTube and illustrated with advertisements.

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