Google online advertising business, primarly Google AdWords, is picking up speed, helping Google to widen its lead over rivals.
Google may be in a turbulent confrontation with China, but the company’s online advertising business is picking up speed, helping Google to widen its lead over rivals.
And in the clearest sign that Google is now seeing the recession in the rear-view mirror, the company said Thursday that its net income in the last quarter of 2009 jumped more than fivefold from a year earlier and that its sales grew 17 percent, their fastest pace in a year.
“We are back in business full-blast,” Eric E. Schmidt, Google’s chief executive, said in a conference call with investors. The fourth quarter was an “extraordinary end to a roller coaster year,” he said. “We are optimistic about the future as a result.”
