Online Ads Give Google Huge Gain in Profit

Google Inc. yesterday reported a 700 percent increase in third-quarter profit, as a growing number of Fortune 500 companies and other firms around the world shifted their ad spending from newspapers, magazines and television to the Internet.

Google’s robust results and strong ad growth at its rival Yahoo Inc. illustrated that Internet advertising has come of age. (WashingtonPost.com)

Share
This entry was posted in Finans. Bookmark the permalink. Both comments and trackbacks are currently closed.