Google Shares Break $1K

At a high of $1,007.40 after strong Q3 results

By Arden Dier,  Newser Staff

Posted Oct 18, 2013 9:55 AM CDT

(Newser) – Google "big milestones" and this story should show up: Google's stock soared to its highest price today, breaking the $1,000 mark for the first time. (Today's peak thus far has been $1,007.40 per share.) That squashes the previous July peak of $928, CNN reports. The jump came as the company announced strong Q3 results: It saw $14.9 billion in sales, a 12% gain year over year. And though CNN notes the company continues to have a "mobile problem," that was overshadowed by today's numbers, which blew analyst estimates out of the water. Motorola Mobility continues to be a drag; it lost $248 million in the quarter.

A Google sign at the company's headquarters in Mountain View, Calif.
A Google sign at the company's headquarters in Mountain View, Calif.   (AP Photo/Marcio Jose Sanchez, File)
In this March 6, 2008 file photo, the Google logo is seen on the front door of the new Google Engineering center in Zurich, Switzerland.
In this March 6, 2008 file photo, the Google logo is seen on the front door of the new Google Engineering center in Zurich, Switzerland.   (AP Photo/Keystone, Walter Bier, File)
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