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Google Profits up 700%

Remember when the Steve Ballmer, the CEO of Microsoft, said, "Google's not a real company. It's a house of cards." Google just reported their Q3 earnings and profit was only up by 7X vs. last year with revenue up almost 100%. How bout them apples Steve?

Google Inc.'s rapidly rising profits soared to new heights in the third quarter as its Internet-leading search engine churned out a sevenfold earnings increase that blew past analyst expectations. The Mountain View, Calif.-based company said Thursday that it made $381.2 million, or $1.32 per share, during the three months ended in September. That compared with net income of $52 million, or 19 cents per share, a year ago.