Google has generated roughly $543 million in revenue from 2008 though 2011, according to reports and estimates. The numbers come from Charles Arthur of the Guardian who based his figures by analyzing a settlement that Google offered to Oracle. While this might sound like a ridiculous amount of money on the surface it’s merely a fraction of what Google earns on an annual basis.
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The half billion figure is unofficial and isn’t broken down by year so it’s hard to chart growth in revenue. If you start out with $32M in 2008 and double the number each year you would still only arrive at $480 million. While the number itself might not represent anything significant at this point, the idea of doubling revenue every year certainly sounds good to us.