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Google Profits skyrocket yet again

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Google

Google have announced better than expected quarterly results, with a Net Income of £900m ($1.48bn) in three months. The firm was pleased about the results especially given the continued macro-economic downturn. Chief executive Eric Schmidt said: "These results highlight the enduring strength of our business model and our responsible efforts to manage expenses." Paid clicks - which include clicks related to ads served on Google sites and the sites of Ad Sense partners - were 15% higher year-on-year, but 2% less than in the first quarter.

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