Categories: News

News: Google Breaks $10 Billion Benchmark

 

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?

Hans Gogia

Hans is a tech enthusiast and an Android fanboy who has been blogging for the past three years. He is an engineer by profession and loves to play with gadgets in his free time. He is currently using a OnePlus One as his daily driver probably running a custom ROM and few mods.

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