Google Quarterly Profit Swells 46 Percent
Much as their search market share has increased, so has the amount of money in Google's coffers.
Third-quarter net income rose to $1.07 billion, or $3.38 per diluted share, compared with the year-earlier quarter's $733.3 million, or $2.36 per diluted share. Excluding one-time items, profit was $3.91 per share in the latest quarter.
Gross revenue rose 57 percent to $4.23 billion.Google's stock rose to $645.18 in aftermarket trading. How much higher can this stock go? Berkshire Hathaway is starting to take notice.
