TweakTown
Tech content trusted by users in North America and around the world
5,681 Reviews & Articles | 36,151 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

Google pass $10 billion revenue for Q4 2011

Google release financial stats for Q4 2011, fiscal year 2011

| Business, Financial & Legal News | Posted: Jan 20, 2012 2:18 am

Google have released some financial results that might interest some, with Q4 011 and fiscal year ending December 31, 2011 being released. CEO of Google, Larry Page, says:

 

Google had a really strong quarter ending a great year. Full year revenue was up 29%, and our quarterly revenue blew past the $10 billion mark for the first time. I am super excited about the growth of Android, Gmail, and Google+, which now has 90 million users globally - well over double what I announced just three months ago. By building a meaningful relationship with our users through Google+ we will create amazing experiences across our services. I'm very excited about what we can do in 2012 - there are tremendous opportunities to help users and grow our business.

 

TweakTown image news/2/2/22357_04_google_pass_10_billion_revenue_for_q4_2011.jpg

 

$10 billion revenue for Q4 is very impressive, up 29-percent. Google reported revenues of $10.58 billion for the quarter ending December 31, 2011, an increase of 25-percent when compared to the same quarter in 2010. Google-owned sites generated revenues of $7.29 billion, or 69-percent of total revenues. This is an increase of 15-percent year-over-year. Google's partner sites generated revenues of $2.88 billion, or 27-percent of revenues. This too is a 15-percent increase year-over-year.

 

International revenues made outside of the United States came to a total of $5.6 billion, representing 53-percent of total revenues for Q4 2011, compared to 55-percent in the third quarter of 2011, and 52-percent from Q4 2010.

 

Plenty of other financial details can be found, here.

NEWS SOURCE
Investor.google.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below