No surprise here...
SAN FRANCISCO - Google Inc. rode the Internet advertising wave to another sparkling quarter, justifying the investor confidence that lifted its stock price by more than $100 during past month to establish the online search leader as Silicon Valley's most valuable company.
Overcoming a traditionally slow season for Web surfing, Google said Thursday that it earned $1.07 billion, or $3.38 per share, for the three months ended in September. That was a 46 percent improvement from net income of $733.4 million, or $2.36 per share, at the same time last year.
And the gap between 1st and 2nd...
There's ample opportunity to display the ads, with Google fielding about 1.2 billion search requests worldwide per day, based on the latest data from comScore Inc. That's more than quadruple the number of requests handled by Yahoo, which runs the second largest search engine.
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In sign of its ambitious expansion plans, Google added another 2,130 employees in the third quarter — more than in any three-month period in its history. Management said the summer additions included about 1,000 hires right out of college and 300 employees inherited in its $625 million acquisition of e-mail specialist Postini Inc.