Published January 22, 2010, 08:28 AM
Google rides rising online ad sales
Google Inc. revved up its fourth-quarter Internet advertising sales and approached $2 billion in quarterly profit for the first time, providing the strongest sign yet that Internet search leader has shaken off the recession’s doldrums. The earnings announced Thursday topped analyst estimates, but revenue only matched forecasts.
SAN FRANCISCO (AP) — Google Inc. revved up its fourth-quarter Internet advertising sales and approached $2 billion in quarterly profit for the first time, providing the strongest sign yet that Internet search leader has shaken off the recession’s doldrums.
The earnings announced Thursday topped analyst estimates, but revenue only matched forecasts.
Tags: us business, business, google, online, internet, advertising
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