Search engine favourite Google is expected to announce double-digit profit and sales gains in its forthcoming second quarter results, MarketWatch.com reports.Google is the world's number one search engine and analysts are predicting a 44 per cent earnings boost which will strengthen that position.
Revenue at the Mountain View-based firm is also expected to soar by 60 per cent to $2.68 billion (1.34 billion pounds).
The company's dominant position in the online search market was confirmed by data released by online consumer market research firm Compete earlier this week.
Google's market share increased by 0.3 per cent to give the search engine a 62.7 per cent share, with Yahoo! securing 19.6 per cent of the market and Microsoft claiming 13.2 per cent.
Its share prices have also soared by more than ten per cent in the past six months, while Yahoo!'s have dipped by more than five per cent.
Cowen & Co analyst Jim Friedland predicted that Google's share of its traditional search market is set to increase further.
"We believe Google will achieve a share of at least 90 per cent of the search market over the next decade," said Friedland.
Google recently announced plans to buy online security outfit Postini for $625 million.
Eric Schmidt, chairman of the board and chief executive officer of Google, said: "With this transaction, we're reinforcing our commitment to delivering compelling hosted applications to businesses of all sizes.
"With the addition of Postini, our apps are not just simple and appealing to users - they can also streamline the complex information security mandates within these organisations."
