While the world trembles amidst this Global Financial Crunch, there are a few who weather the storm - aside from Lawyers and former bank CEOs. Among them is the web search giant Google. The saying that, "In Good Times People Want to Advertise, In Bad Times They MUST Advertise" holds true in the case of Google.
SAN FRANCISCO (Reuters) - Google Inc. quarterly profit surpassed Wall Street forecasts, sending shares up more than 10 percent as the Internet search and advertising leader withstood deepening economic turmoil around the globe.
Web traffic and revenue growth were strong in all major parts of the world and searches were up for almost every industry using Google, Chief Executive Eric Schmidt said.