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Google has reported a 32% jump in net income to $2.16 billion for the July to September quarter of the current fiscal, as the Internet search giant benefited from display and online advertising.

In the year ago period the company had a net income of 8.163 billion, Google said.

Google also said that it has plans to continue spending on its infrastructure in months ahead, following the release of its third-quarter financial results yesterday.

Google spend US$757m on IT infrastructure during the quarter, a figure well up on its Q2 spend of US$476m. In Q1 this figure was much less, at US$239m.

The spending occurred as the revenue rolled in. A reported US$.29bn was made by Google in the quarter ending 30 September – a figure that is up 39% on revenue from the same period in 2009.

Google has made a number of key announcements in the data center space this year, many of which focus on its bent towards innovation, especially in the data center.

In September it said it was going to cool its new data center in Finland using sea water only.

Analysts cited concern in interviews held before Google released its Q3 results that the Internet giant had been too loose with spending on new technologies given the current global economic conditions.

They also said they were concerned with Google's spending on staff, with the university season ending mid September in the US. Google, famed for headhunting what it sees as the 'the best' university talent, increased its headcount just over 1,000 more staff during this last quarter, bringing its headcount up from 21,805 full-time employees to 23,331.

Google's share price dropped during regular trading in the US to US$540.93 but spiked after hours to US$588.13.