SAN FRANCISCO – Coming off a stellar first quarter, Google Inc. seems to have regained the momentum that it lost shortly after the U.S. recession started in December 2007.
But it looks like it's going to take a lot longer for the Internet search leader's stock price to rebound to its pre-recession levels.
The shares fell nearly 5 percent late Thursday after the company released first-quarter results that exceeded analyst expectations.
Earnings rose 37 percent and revenue surged 23 percent. The latter figure represented Google's highest growth rate since the summer of 2008.
http://news.yahoo.com/s/ap/20100416/ap_on_hi_te/us_earns_google;_ylt=Amu5HJvoFONsfp6XJybgmpYjtBAF;_ylu=X3oDMTJnYjdkM2ZqBGFzc2V0A2FwLzIwMTAwNDE2L3VzX2Vhcm5zX2dvb2dsZQRjcG9zAzEEcG9zAzIEc2VjA3luX3RvcF9zdG9yeQRzbGsDZ29vZ2xlMXFncm93
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