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View Full Version : Google's Revenue Up 33 Percent for Q3 2011



wicked
10-13-2011, 05:37 PM
http://static.droidnetwork.net/wicked/article/googlelogo.jpg





Google today announced its earnings report for Q3 2011. We are hearing the word "billions" a lot. $9.72 billion in revenue for the quarter, which is up 33 percent from the same time period last year. Net income (GAAP) was $2.73 billion, also up from $2.17 billion for Q3 2011. With $46.2 billion in cash on hand.

Lots of money in the search business still. No Android news (Unfortunately) in the release, so stay tuned for the earnings call and Q&A.


Originally posted by Shadez @ DroidForums (http://www.droidforums.net/forum/droid-news/177119-googles-revenue-up-33-percent-q3-2011-a.html)

Source: Google. Via: AndroidCentral.Com (http://www.androidcentral.com/googles-revenue-33-percent-q3-2011?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+androidcentral+(Android+Centr al))

troDDen
10-13-2011, 06:04 PM
That is just ridiculous money. Wish I would have bought stock years ago!

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Nemo aeternamn
10-13-2011, 09:54 PM
good to see google is going strong... : )

wicked
10-13-2011, 11:06 PM
That is just ridiculous money. Wish I would have bought stock years ago!

Sent from my DROIDX using Droid X Forums

I know right? :omg:


good to see google is going strong... : )

Heck yes! :starstruck:

Reaver74
10-14-2011, 09:36 AM
That is just ridiculous money. Wish I would have bought stock years ago!

Going back 15 years or so, Google was nothing more than a minimalistic search engine. I never would have guessed that a search engine would would be generating nearly 10 billion in revenue. :omg:

h8isgr8
10-15-2011, 07:36 PM
The advertising business makes me sick.

All those billions come from EVERY one of us. We pay for these advertising fees in almost every product we by, regardless of whether we have even seen the ad or not.