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Google Books Highest Quarterly Profit Ever

June 9, 2018
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SAN FRANCISCO, Oct. 15 — Google shifted into a higher gear in the third quarter and began to leave the recession behind as the 11-year-old Internet search leader recorded its highest profit ever. (Washington Post — 16 October, 2009)
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SAN FRANCISCO — Google Inc.’s earnings and stock price are soaring again – and so is the Internet search leader’s optimism. (Washington Post — 17 October, 2009)
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MOUNTAIN VIEW, Calif. — Google Inc. posted third-quarter results Thursday indicating the Internet advertising market is bouncing back after being knocked down by the recession. (Washington Post — 16 October, 2009)
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SAN FRANCISCO (Reuters) – Google Inc posted its strongest sequential revenue growth in more than a year, outpacing Wall Street expectations as the Internet search advertising business showed signs of recovery from the global recession. (Washington Post — 16 October, 2009)
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— Google Inc.’s success has left the Internet search leader sitting on a pile of cash – $22 billion at the end of September. Executives say they are ready to spend more money to take advantage of what they believe will be even better days ahead. (Washington Post — 16 October, 2009)
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SAN FRANCISCO — IBM Corp. is a rare example of a company that has kept boosting profit even as the recession has sapped its sales. (Washington Post — 17 October, 2009)
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During Google’s third quarter earnings conference call today, one message came out loud and clear: Google’s mobile strategy is starting to pay off. “Android adoption is about to explode,” declared CEO Eric Schmidt, explaining that all the “necessary conditions” are set for growth: There are now 12… (Washington Post — 16 October, 2009)
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Look for increased investment from Google, which after its third-quarter financial earnings has decided that if that’s the worst the economy has to offer, it will be fine. (CNET News.com — 16 October, 2009)
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IBM is reporting a 14 percent growth in year over year net income, posting a third-quarter profit of $3.2 billion, or $2.40 a share, on revenue of $23.6 billion. IBM has been shifting its focus towards software and services from hardware and it appears to be paying off. Chairman, president and CEO,… (Washington Post — 16 October, 2009)
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