Google's Revenue Hits A New High

Google hits a new high in their fourth quarter earnings.  Google put out of the low economy and showed that profits can still be made in a bad economy.  Google's 4th quarter earnings was up by 17%.  However, they fell short from what the experts estimated. 

Google's 4th quarter earnings resulted in a rise in Google stock on the Nasdaq by $2.57.  Even with new search engines entering the market Google still holds 66% of the search engine market.  Due to Google's large share of the search engine market, Bing and Yahoo has joined forces.

Late 2009, Google announced it would buy AdMob for $750 million dollars.  AdMob is a mobile ad company.  By purchasing AdMob Google can boost sales beyond your laptop.  That means Google where be everywhere you are.  This move is also inline with the introduction of Nexus One.  Which is Google's own smartphone. Nexus One operates Andriod.