McDonald’s today announced that it is going to be providing completely free WiFi Internet access to all of its 14,000 U.S. based restaurants, with about more than 11,000 locations offering the service by the end of January 2010.

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The world’s biggest fast food chain, McDonald’s, has released stronger than expected Q3 earnings.

The company earned $1.26 billion ($1.15 per share), up compared to the same period last year with $1.19 billion in earnings ($1.05 per share).

The increase in revenue can be attributed to the company’s newest food offering, the more expensive and successful Angus Third Pounder burger.

The company noted currency losses for dragging revenue down, without considering currency losses, revenue for the quarter was actually up 2-percent.

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The biggest fast-food chain McDonald’s today posted Q2 2009 financial results, posting a net profit of $1.09 billion, down 8% YoY in the same quarter.

The company said operating income in the US was up 5% YoY. The company also noted operating income was up 34% in Asia Pacific, the Middle East, and in Africa.

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As North America dips into a further recession, consumers are seeking lower prices. That seems to be the case, as McDonald’s has experienced a surge in profits and has announced it would invest $2.1 billion to open 1,000 new stores worldwide.

Same-store sales were also up an impressive 7.2% Q1 09, but net income was down 23% to $985.5 million ($0.87 per share), from $1.27 billion ($1.06 per share) year over year in the same period, missing Wall Street expectations. McDonalds also attributed the surge in sales from higher demand as consumers seek lower food prices.

McDonald’s reported net income of $979.50 million for the three months ended March 30, 2009, down from $985 million in the same period year over year. McDonald’s Financial Statements