Google profits surge

INTERNET search giant Google has reported a massive leap in profits and sales as it announced an effective doubling of its shares.

The company, which has its European headquarters in Dublin, said net income in the first quarter was $2.89bn (€2.19bn) - a jump of 60pc from the same period last year.

Google's quarterly revenues also exceeded $10bn (€7.5bn), with more than half of that coming from outside the US.

As well as generating money through advertising based on search, Google also makes the popular Android mobile phone operating system.

Larry Page, the chief executive, said there was "tremendous momentum" from products like Android, Chrome and YouTube.