Telecompaper notes that Google reported a slowdown in revenue growth in the first quarter due to the poor economic conditions. Revenues of US$5.51 billion were up 6 percent compared to the first quarter last year and down 3 percent compared to fourth-quarter 2008. Operating profit improved to US$1.88 billion from US$1.55 billion a year ago, and net profit rose to US$1.42 billion from US$1.31 billion.
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