The numbers are out ... According to Bloomberg, Google said fourth-quarter profit rose sevenfold as it sold more advertising.
While there is no doubt that Google is as strong as ever, investors are still waiting to see if the "build-it and they will come" mentality Google has towards new products, proves successful.
"They're still the standard setters,'" Soleil Securities analyst Laura Martin said in an interview before the report. "What we're looking for is what they're going to do with the money Wall Street gave them."
Google was up more than $18 (10%), in after-hours trading, just minutes after the announcement.
Andy Beal is an Marketing Pilgrim and reach him at
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Google Q4 Profit Jumps More Than Sevenfold
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