Published on October 14th, 2011 | by Mithil Bhatia0
Google 3Q Results: $9.72 Billion In Revenue, $2.73 Billion In Net Income
The company’s revenues have grown by 33% over the same period in 2010.
Google reported revenues of 9,720 million dollars in its fiscal third quarter, with Larry Page as CEO at the helm.
The net profit reached is boasting to $2,730 million, which is actually less compared to 2,850 million dollars earned during the same period in last year. However, Revenues have been increased by 33% in 2011 3Q over the same period in 2010.
Last quarter the Mountain View company shown 9,020 million dollars in revenue and 2,510 million dollars in net benefits, which is unstoppable.
The results have exceeded the expectations of analysts, who expected revenue of 7210 million dollars for the 3Q. Google has conducted numerous movements during this period like acquisition of Motorola Mobility and the launch of their social network, Google+.