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Monday, February 05, 2007

Google Income Only Triples

Google announced that their income over the previous year had tripled for the last quarter of 2006. With $3.21 billion for the quarter Google had net earnings that broke the one billion dollar barrier for a quarter at $1.03 billion income. The stock dropped 4%!

"Advertisers are now using our targeting platform to place brand advertising across our content network, and they are going to have more options when the YouTube inventory comes online," said Sergey Brin, Google co-founder and president, technology

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