More holy sh*t numbers from Google. Bloomberg:
Google Inc., the No. 1 Internet search engine, said profit jumped sevenfold, surpassing analysts’ estimates, as new mapping and instant messaging features attracted users and the company added advertising space. The shares gained 8.4 percent.
Third-quarter net income rose to $381.2 million, or $1.32 a share, from $52 million, or 19 cents, a year earlier, Mountain View, California-based Google said today in a statement. Net revenue doubled to $1.05 billion, topping the $944 million average estimate in a Thomson Financial analyst survey.