Google Revenues Jump 32%, Adds 550K Android Users A DAY
Google+, Android, AdSense mean big bucks: Google Inc. has just announced jaw dropping financial results for the quarter ended June 30.
The search giant today reported revenues of $9.03 billion in the second quarter of 2011, representing a 32% increase over Q2 2010 revenues of $6.82bn.
Google-owned sites generated revenues of $6.23 bn, or 69% of total revenues, in the second quarter of 2011 – a 39% hike on previous years figure.
And Android, its smartphone and tabs OS, are activating 550,000 user devices a day, CEO Larry Page has just revealed in a live conference call.
The Android Market now boasts more than 250,000 apps, with more than 6 billion downloads. And Google+, its fledgling social network now has more than 10 million users, it confirmed.
A whopping 1 billion items are shared and received in a single day on its new social network (and wasn’t it Mark Zuckerberg who said it wasn’t user numbers but info shared that really mattered, just last week ?).
Google’s partner sites generated revenues, through AdSense programs, of $2.48 bn, or 28% of total revenues, in Q2 – a 20% jump on the same period a year ago.
Aggregate paid clicks, which include clicks related to ads served on Google sites and AdSense partners, increased approximately 18% over Q2 2010 although fell 2% compared to Q1 this year.
Head count was also up – there are now 28,768 full-time Googlers, up from 26,316 the previous quarter to March 30, 2011.
“We had a great quarter, with revenue up 32% year on year for a record breaking over $9 billion of revenue,” said Larry Page, CEO of Google.
More to follow.