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Google Sets Revenue Record for Quarter
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Old 17th October 2011, 08:05   #1
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Default Google Sets Revenue Record for Quarter

Wow, apparently the economy hasn't hurt Google's ability to rake in the cash. Think about that number for a minute, that's enough money for Google to give every man, woman and child in this country $25. Google reported net revenues of $7.51 billion, and $9.72 per share, for the quarter. That's a 33 percent increase compared with the third quarter of 2010. Thomson Reuters financial analysts expected revenue to total $7.21 billion and $8.74 earnings per share. Google's total revenue before traffic-acquisition costs totaled $9.72 billion, setting a new quarterly record.
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