New York Google Inc has reported a 36 per cent growth in net income to $ 2.51 billion for the April- June period of 2011 driven by robust performance of core search business coupled with growing strength in other areas such as social netwo
rk.
In the year- ago period, the company had a net income of USD 1.84 billion, the Internet search firm said in a statement.
The company posted revenues of USD 9.03 billion for the second quarter ended June 30, 2011, an increase of 32 per cent compared to the same period of 2010.
We had a great quarter, with revenue up 32 per cent year on year for a record breaking over USD 9 billion of revenue, Google CEO Larry Page said.
Google, which recently launched a social network site called Google plus is believed to have more than 10 million people plugged into it. The company is super excited about the amazing response to Google+ which lets you ( user) share just like in real life. The robust quarterly numbers indicate that company is not only growing in its core search business but also powering ahead in other areas such as new businesses like Google+ and Android.
