Stop Press: Google profit surpass expectations
We are breaking from our Google Success series to bring you a breaking news from Google. This supports our subscribed believe in the relationship between your internet work at home business and Google. Success can be contagious. I want to be infected. What about you?
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Mountain View, CA- The internet search leader Google Inc. (Nasdaq:GOOG - news) on Thursday posted a surge in quarterly profit as revenue doubled, crowning Wall Street expectations, with the stock cruising up 11 percent.
Google, which has expanded into e-mail and instant messaging, said it was seeing a "seachange" shift to online marketing from print and broadcast, helping it to attract more big companies as advertisers, even in a seasonally slow period.
"It looks like we are gaining share in virtually all markets," Jonathan Rosenberg, Google's vice president of product management, said on a conference call.
According to Nielsen//NetRatings Web data, in recent surveys Google is shown growing faster than direct rival Yahoo and far faster than the overall market. Forty-five percent of all Web searches were on Google during September, twice the 23 percent of searches on Yahoo and four times Microsoft's MSN.
Google-owned sites generated $885 million, or 56 percent of total revenue, up 20 percent from the $737 million it reported in its June quarter. Google network revenue -- sales through its AdSense program on partner sites -- grew 7 percent to $675 million from $630 million in the second quarter ended in June.
Google is growing very quickly by leaps and bounds. We advice you connect your internet home based business to one or all of google services if you are not there already.
We would continue the Google Success Series tomorrow with Perry Marshall (the number one authority on Google Adwords). We hope you learn a thing or two about why your internet work at home business should be married to Google.
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