Recession?  What’s a recession?  That’s a question that Google executives and stockholders could conceivably be asking themselves right now, as the technology giant has beaten Wall Street expectations for quarterly profits.  Google didn’t just beat the estimated $5.2 billion revenue estimate, they crushed it with $7.29 million in net revenue.  Google made $2.17 billion in profits in a single quarter this year, thanks in no small part to an increase in ad sales and the popularity of Android.

“Our core business grew very well, and our newer businesses, particularly display and mobile, continued to show significant momentum,” said Google CEO Eric Schmidt. “We remain committed to aggressive investment in our people and our products as we pursue an innovation agenda.”

Profits like this are why Google can do seemingly-crazy investments like self-driving cars and a giant wind farm.  When you’re raking in money hand over fist, you’ve kick-started a killer browser, you’re the online ads king, and you’re a major player in the smartphone industry?  Yeah, you’ve got money to burn.

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