Google posts $3.45 billion first-quarter profit

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Google said Wednesday its first quarter profit rose 32 percent from a year ago to $3.45 billion, in results below most Wall Street expectations, AFP reports.

“We completed another great quarter. Google’s revenue was $15.4 billion, up 19 percent year on year”, said chief executive Larry Page. “We got lots of product improvements done, especially on mobile. I’m also excited with progress on our emerging businesses.”

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