Google recently announced its 4th quarterly earnings for 2011, reporting $10.58 billion, including the acquisitions costs as well. Apart from the acquisition costs, the net revenue was $8.13 billion. Google’s CEO Lary Page announced the increase in Android, Gmail, and Google+ subscribers which reached up to 90 million worldwide, almost double then what it was three months ago.
This is the first time Google has reached the $10 billion benchmark in a single quarter and was thankful to all its consumers. Google’s revenue went up to 29 percent and the company is currently at $44.6 billion cash. The net total income saw an increase of 6 percent with net income of $2.71 billion.
Now I wonder why people say Google+ is dead?