Thursday, July 14, 2011

Google Quarterly Profit Jumped To be 2.51 Billion Dollars

SAN FRANCISCO - Google on Thursday reported that profits soared to 2.51 billion dollars in the fiscal quarter that ended recently (June), due to record high revenues of more than nine billion dollars.

"We had a great quarter, with revenue up 32 percent year-on-year (yoy) to break a record revenue of more than nine billion dollars," Google founders Larry Page and chief executive said in a statement.

The company reported that more than half of Google's revenue, 4.87 billion U.S. dollars, came from outside the United States. Google's stock quickly jumped more than 12 percent to 593 U.S. dollars per share, after releasing earnings figures.

Payment "click" on the Internet advertising company money-making machine at the heart of Mountain View, Calif., was 18 percent higher than in the same quarter last year.

Google reported that as of June 30, it has 28 768 full time employees compared with 26 316 workers at the end of the first three months of this year.

refence: REPUBLIKA[CO][ID]
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