The profits of the search giant
Google in the III quarter. 2006 was $ 733 million, which is 92% more than the same period last year. With the increase in advertising turnover, the company's revenue rose to $ 2.7 billion, an increase compared to Q3. 2005 to 70%. Overall,
Google’s financial results were better than analysts had expected. This looks particularly impressive compared with
negative results for the same period of time, the main competitor in the search market -
Yahoo .
The results were announced after Google acquired
YouTube video service. The deal amounted to $ 1.65 billion. Based on current profitability, Google can afford to make two such purchases a year.