/ Source: The Associated Press
Google's first-quarter profit rose 37 percent as more people clicked on higher-priced Internet ads powered by the company's search engine.
Both the earnings and revenue for the first three months of the year exceeded analyst estimates.
The results released Thursday are the latest indication that the online advertising and technology sectors are bouncing back from the recession more quickly than many other parts of the economy.
Google Inc. also did its part to chip away at the high unemployment rate that's dampening the recovery. It added nearly 800 employees in the first quarter to end March with 20,621 workers.
The company earned nearly $2 billion, or $6.06 per share in the quarter. Revenue climbed 23 percent to $6.78 billion.
