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Google earning 10 million a day from click-through ads

According to the lads at Tech Radar, Google's just today announced some rather admirable increases in profits; they've managed to pull in £900m in the second quarter of this year alone. Apparently, total revenues for the company were over £3.3 billion. This calculates down to meaning that Google must make about £10 million a day from web advertising alone.

Google's CEO, Eric Schmidt, said that, "Google had a very good quarter, especially given the continued macro-economic downturn. While most of the world's largest economies shrank, Google's year-over-year revenues were up. Furthermore, he commented on the future of the recently announced Chrome OS, saying, "Our focus is building a truly new experience. We do not require each project to be individually profitable. Although Chrome is open source, there will be many opportunities to build profitable services on top of that platform." When asked about YouTube, a spokesperson for Google said, "We're really pleased by trajectory of YouTube and not too long in the future we see a profitable future for it."

Over half of the revenue that Google pulled in during Q2 of this year came from outside the United States; the company seems to be in a pretty comfortable place right now, especially considering that the amount of paid clicks has gone down by two percent over the second quarter. This has caused Google's core revenue to decrease by one percent, but yet, they're still making a bucketload of cash.

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