Search Strong, Google Growth Continues
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Eric Schmidt
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GOOGLE’S growth has continued despite the global recession. Highlights of its December quarter results include excellent growth in paid clicks - 18% more than the previous year, and 10% up on the September quarter.
“Search query growth was strong, revenues were up in most verticals, and we successfully contained costs,” said Eric Schmidt, CEO of Google.
“It's unclear how long the global downturn will last, but our focus remains on the long term, and we'll continue to invest in Google's core search and ads business as well as in strategic growth areas such as display, mobile, and enterprise.”
On another note, it appears that Google’s helter-skelter staffing frenzy has come to an end with the company reporting it “employed 20,222 full-time employees as of December 31, 2008, up from 20,123 full-time employees as of September 30, 2008.”
Search Engine Room: January 23, 2009
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