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Prediction: Google's 4Q Earnings May Exceed $3 Billion

     
3:50 pm on Jan 19, 2012 (gmt 0)

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Prediction: Google's 4Q Earnings May Exceed $3 Billion [seattlepi.com]

Google Inc. is expected to surpass another financial milestone when the Internet search leader releases its fourth-quarter results Thursday afternoon.

If analyst forecasts pan out, it will be the first time that Google has earned at least $3 billion in any three-month period since the company started in a rented Silicon Valley garage in 1998. It would be the third straight quarter that Google's net income has increased by at least 20 percent from the previous year.