Google’s earnings surged by 36% in the third quarter of this year, with shares in the company poised to reach an all-time high today. The results may prove that a deepening decline in the Internet search leader’s average ad prices matters less than how frequently people are clicking on the commercial pitches. The numbers released yesterday impressed investors who had been fretting about a downturn in Google’s ad prices that began two years ago.
- Google Stock (GOOG) Tops $1,000 a Share (abcnews.go.com)
- Google’s 3Q earnings rise 36 percent, stock surges (news.yahoo.com)