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Oct142010

Google Q3 Earnings: $7.29 Billion, Eric Schmidt

Google posted it “earned $7.29 billion in Q3 2010, an increase of 23% compared to the same period in 2009.” Quarterly growth was 7%. Eric Schmidt quote included in the press release highlighted display and mobile as having “significant momentum”:

“Google had an excellent quarter,” said Eric Schmidt, CEO of Google. “Our core business grew very well, and our newer businesses — particularly display and mobile — continued to show significant momentum. Going forward, we remain committed to aggressive investment in both our people and our products as we pursue an innovation agenda.”

[Source]

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