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Google revenues surge on ad strength


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Google revenues surge on ad strength

Google revenues surge on ad strength

Google on Thursday demonstrated the enduring strength of its search engine advertising business model, reporting gross revenues of $2.69bn in its third quarter, up 70 per cent on last time.

The figure a year earlier and beat ing Wall Street expectations of $2.62bn. in sales.

More than 99 per cent of Google’s revenues come from advertising based on its search technology.

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Post Thu 19 Oct, 2006 6:34 pm 
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