Google reports a 46 percent rise in profit

Search engine giant Google continues to post impressive revenue reports. The company reported that their profits have risen 46% in the recent quarter.

This has managed to top the market expectations as the company continues to gain market share in their core segments.

Google added in the report that they would continue to expand their capital spending.

Market analyst Youssef Squali spoke about this report: “They seem to have grown better than anybody expected and seemed to have improved margins. The international business seemed to deliver impressive growth rates. I think they were more cost-conscious this period than last.”

Market statics companies have also said that the search engine giant continues to enhance their market share in the search engine queries around the world. They are the leading search engine service in the world and are much ahead of the rivals including Yahoo and Baidu.

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