Google shares soar `all-time high` in Q3
London – Google has reported a profit of 2.97 billion dollars during the July -September period.
Shares in the company jumped to an all-time high in after hours trading, rising six percent to 941.25 dollars.
According to the BBC, Google boss Larry Page said that the company had another strong quarter with great product progress.
Overall, paid clicks – how much advertisers pay to place an advert – increased by 28 percent from the same time last year, and were up eight percent from the previous quarter.
However, the company’s Motorola unit continued to be a drag on the figures.
It lost Google 248 million dollars, despite the launch of the flagship Moto X phone in August.