

The moves come after Tim Armstrong, Google's North America sales chief, jumped ship to take the CEO slot at struggling portal AOL in March. Since then Google has laid off 200 employees in its sales and marketing group.
Nevertheless, Google's advertising-driven results stand in stark contrast to those reported by sagging print media titles. The company's net income rose 8.4% in its first quarter to $1.42 billion, or $4.49 cents a share, from $1.31 billion, or $4.12, in the corresponding period a year earlier.
Excluding special items, Google reported earnings of $5.16 per share, beating the consensus estimate of $4.93 reported by Thomson Reuters. After subtracting traffic-acquisition costs, sales rose 10% to $4.07 billion from $3.70 billlion.
However, the results do mark the first sequential sales drop for the online powerhouse, with sales, when not adjusted for traffic-acquisition costs, down 3% from the previous quarter.
Google shares surged $19.52, or 5.02%, to $409.25 in after-hours trading.
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