Google posts strong Q4 results

Online search giant Google today announced strong fourth-quarter results, with revenues of $5.7bn for the quarter ended December 31, up 18% compared to the fourth quarter last year and up 3% compared to Q3 2008.

Google said fourth-quarter net profits fell to $382m, or $1.21 a share, from $1.21bn, or $3.79 a share, a year earlier. This was due to impairment charges on its investments in Clearwire and AOL.