Google Profits Soar

Search engine Giant Google has reported mammoth second-quarter results.

Google reported net income of $2.51 billion (£1.56bn); $7.68 (£4.79) a share.  This is a huge increase on last year’s second-quarter profile of $1.84 billion; $5.71 a share.

Revenue, minus costs, came in at $6.92 billion (£4.31bn), up from $5.09 billion one year ago.  International revenues were also on the increase; making up 54% of total revenues; up 2% from this time last year.

Comments

Nick Andrews's picture

Time to buy some shares!

With the launch of G+, anticipating that it's not a complete flop like their previous two attempts at something social, looks like it's time to buy Google shares!!

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