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Thread: Google announces 36% increase in earnings

  1. #1
    Join Date
    Aug 2005
    Posts
    434

    Google announces 36% increase in earnings

    The giant company Google has released its financial results for the second quarter. The company reports net income upto 36% to $2.51 billion and net sales to 6.92 billion.

    The CEO of Google, Larry Page has welcomed the latest results of the firm. The Group reports net income upto 36% to $2.51 billion. Also, Google says that the net sales of the group is made ​​of 6.92 billion. A strong increase since last year, with the same period, the group announced a figure of 5.09 billion. Larry Page also showed his satisfaction about the adoption of the Google+ social network. According to the official, over ten million people have registered on the service and improvements are even expected. "We're still in the early stages of what we do. Our emerging products can become long-term business giant, as it was the case with the search engine", commented the CEO of the firm. In the process, Google has reassured about their ability to diversify products and services. The group confirmed the good form of the adoption of Android phones and tablets with 550,000 activations per day (135 million mobile phones equipped). Finally, Google said that to date 160 million users were equipped with the Chrome browser.

    Launched on June 28, two days before the closing of accounts, Google+ is a new tool being tested to make Internet more personal and intended to take account of criticism against the king of community networks Facebook, which is increasingly putting more shade to Google. Several analysts have assured that Google+ is a huge success, considering that Google was perhaps a way to halt the progression of Facebook at its expense.

    The group, which continued to hire at the same pace in the first quarter, with 2,452 employees in more than three months ago, for a total of 28,768. Its operating expenses rose to represent now 33% of sales. Finally, the Mountain View group plans to "continue to make significant capital investment".

  2. #2
    Join Date
    Mar 2005
    Posts
    544

    Re: Google announces 36% increase in earnings

    To everyone's surprise, Google returned all the analysts on the ropes by publishing its quarterly results. The market, which was severely punished by a disappointing earnings growth that was found three months ago, this time greeted with enthusiasm with the performance achieved: the action jumped from 12.28% to 593.89 dollars in electronic trading after the close of the scholarship.

  3. #3
    Join Date
    Jul 2011
    Posts
    1

    Re: Google announces 36% increase in earnings

    hw i use google earnings

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