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Google Revenues Reach $3.21 Billion

Google Revenues Reach $3.21 Billion

Search engine giant Google recorded revenues of $3.21 billion for the quarter ending December 31, 2006, an increase of 67% compared to the fourth quarter of 2005 and an increase of 19% compared to the third quarter of 2006.

Google-owned sites generated revenues of $1.98 billion, or 62% of total revenues, in the fourth quarter of 2006, representing an 80% increase over Q4 2005 revenues of $1.10 billion and a 22% increase over Q3 2006 revenues of $1.63 billion.

Google’s partner sites generated revenues, through AdSense programs, of $1.20 billion, or 37% of total revenues, in the fourth quarter of 2006.

Aggregate paid clicks, which include clicks related to ads served on Google sites and its AdSense partners, increased approximately 61% over the fourth quarter of 2005 and approximately 22% over the third quarter of 2006.

Eric Schmidt, CEO of Google, said: “Our impressive performance in the fourth quarter demonstrates the continuing strength of our business model across Google properties and those of our partners.

“Our growing organization allows us to deliver ever increasing amounts of information and content to our users both through investments in search and ads as well as through strategic partnerships.”

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