Google reveals surprisingly huge mobile and display ad sales

NEW YORK (CNNMoney.com) — Google’s profit soared in the third quarter, defying skeptical investors and analysts who feared that the search giant would never find a a significant new revenue stream besides search advertisements.

The company shed rare light on its non-core businesses like YouTube, display advertising and mobile, demonstrating how it is building new, multi-billion dollar businesses…. (Read more…).

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