Google’s profit rises 26% on slower growth

Posted on October 16, 2008 - 16:48 by New York Times

Google’s growth rate continued to slow in the third quarter, but the company appeared to weather the economic downturn better than analysts expected as it reported a 26 percent jump in net income to $1.35 billion, or $4.24 a share, from $1.07 billion in the third quarter of 2007.

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