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Google profit jumps 18% in second quarter

 
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PostPosted: Mon 8:43, 13 Dec 2010    Post subject: Google profit jumps 18% in second quarter

SAN FRANCISCO [link widoczny dla zalogowanych], July 16 (Xinhua) - Despite the ongoing economic downturn, Google Inc. on Thursday said its profit climbed more than 18 percent in the second quarter ended on June 30.

The Internet giant earned 1.48 billion US dollars in the quarter [link widoczny dla zalogowanych], compared with 1.25 billion dollars in the same period a year earlier.

The company's profit in the most recent quarter increased about4 percent from 1.42 billion dollars in the first three months this year.

However [link widoczny dla zalogowanych], as a reflection of the continued difficult economic conditions, Google saw its sales growth slowing.

Its revenues increased just 3 percent to 5.52 billion dollars over the year-ago period, down from the 6-percent growth in the first quarter this year.

Paid clicks to ads on Google sites rose about 15 percent over the same quarter of 2008, but representing a decrease of 2 percent from the previous quarter.

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