Economy stalls, but Google's 3Q profit still rises (Update 2)
October 16th, 2008 in Technology / Business
Google umbrellas at Google headquarters in Mountain View, Calif., Wednesday, Aug. 27, 2008. Google said Thursday, Oct. 16, 2008, it shook off the slowing economy to boost its third-quarter profit by 26 percent to $1.35 billion. (AP Photo/Paul Sakuma)
(AP) -- The economy is sputtering, but Google Inc.'s profits are still accelerating at a rate that suggests the Internet search leader can remain a marketing magnet even when advertisers and consumers aren't in a spending mood.
Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .