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Google’s revenues up by 32% at $9.03 billion for Q2, 2011

Google Inc has reported revenues of $9.03 billion for the
quarter ended June 30, 2011, an increase of 32 per cent compared to the second
quarter of 2010. The company’s net income in the second quarter increased $2.85
billion, up 36 per cent year on year.

Google Inc has reported revenues of $9.03 billion for the
quarter ended June 30, 2011, an increase of 32 per cent compared to the second
quarter of 2010. The company’s net income in the second quarter increased $2.85
billion, up 36 per cent year on year.

Google-owned sites generated revenues of $6.23 billion, or
69 per cent of total revenues, in the second quarter of 2011. This represents a
39 per cent increase over second quarter 2010 revenues of $4.50 billion. Google’s partner sites generated revenues, through AdSense
programs, of $2.48 billion, or 28 per cent of total revenues, in the second
quarter of 2011. This represents a 20% increase from second quarter 2010
network revenues of $2.06 billion.

The company continues to generate a significant portion of
its revenues from overseas. Revenues from outside of the United States totalled
$4.87 billion, representing 54 per cent of total revenues in the second quarter
of 2011, compared to 53 per cent in the first quarter of 2011 and 52 per cent
in the second quarter of 2010. Revenues from the United Kingdom totalled $976
million, representing 11 per cent of revenues in the second quarter of 2011,
compared to 11 per cent in the second quarter of 2010.

On a worldwide basis, Google employed 28,768
full-time employees, up from 26,316 the previous quarter. Google’s chief
executive Larry Page told analysts the company had signed up more than 10
million people for Google+: the company’s biggest foray into the hot social
networking arena and the vanguard of its battle with Facebook and Twitter for
websurfers’ time and attention.

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