23 Jan 2010

Google revenue, profits up

7:40 am on 23 January 2010

Google has seen a revenue increase of 17% to $US6.67 billion in the final three months of 2009, compared to the same period a year earlier.

Net profit at the leading internet search provider for 2009 as a whole rose 54% to $US6.52 billion.

However shares fell about 4% as the company's revenue growth was lower than the market had expected.