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Posted on October 14, 2010 | tags

 
 

Biz, Tech: Based on its profits, Google’s freewheeling spending warranted

  • $2.17 the size of Google’s profits this quarter
  • 25% boost in Google’s overall revenues last quarter – not bad, considering all that extracurricular spending
  • 9% jump in stock price on the news; put that in your self-driving car’s tailpipe and smoke it source