Google Profits Lower Than Expected

Web search giant Google saw its profits jump 28% to $925m (£451m) over the past three months, but the figure was not as good as analysts had hoped for. Compared to the same period in 2006, when Google made a $721.1m profit, the second-quarter performance was strong. But the latest figure represented a fall from the first three months of the year, when Google made $1bn in profit.

Nevertheless, Google said it was pleased with what it said was "solid growth" - particularly outside the US. Sales from outside its home market now account for 48% of its total business. Overall sales were up 58% to $3.87bn compared to the same period last year, representing a 6% increase on the first quarter of the year.

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News source: BBC News

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