Google Exceeds Expectations As Earnings Rise 32%
It looks like Google is showing no signs of slowing down, something Android users are familiar with. Google’s Q2 earnings for 2011 were released today, and although the gain surprised many investors, followers of Google are nodding their heads in response to familiar news of success. While Wall Street had expected Google to earn around $8.6 billion in revenue for the second quarter of 2011, Google shocked the street by earning around $9 billion.
Other news includes a gain of 2,452 full-time employees, bringing the total full-time workforce up to 28,768. Pair that with a staggaring $39.1 billion in the Google bank, and you can chalk up Q2 as a win for the search engine giant.