Google Reports $1.84 Bn Profit; QoQ CPC Up 2%, Paid Clicks Down 3%

 Google reported gross revenues of $6.82 billion for the quarter ended June 30, 2010, an increase of 24% year on year. The companys net income also increased to $1.84 billion, up from $1.48 billion for the same quarter last year. Traffic acquisition cost remained steady at 26% of advertising revenues, a total of $1.73 billion. [...]