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Google Revenues Increase 70%

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Google released their 3rd quarter financial report today. Needless to say, the results were quite impressive. Google reported $2.69 billion worth of earnings for Q3, a 70% increase from last year's 3rd quarter results (1.58 billion). This was also a 10% increase over the second quarter revenues of 2006, which totaled $2.46 billion. CEO Eric Schmidt offered his thoughts:

"Our third quarter results are a testament to the strength of our network of advertisers and partners, as well as our continuing focus on users. We were particularly pleased with the contributions of our international business in a seasonally weaker quarter. In addition, we continued to forge significant partnerships with companies such as eBay, Fox Interactive Media, and Intuit that will be of great value to all involved."
Highlights from Google's 2006

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