Download the authoritative guide: Cloud Computing 2019: Using the Cloud for Competitive Advantage
eWeek: Google has posted $10.65 billion in revenue for the first quarter of 2012, a 24 percent year-over-year increase. The search giant said it is enjoying "tremendous momentum" from products like Android, Chrome and YouTube.
In addition, the company announced a two-for-one stock split, a move which helps chairman Eric Schmidt and co-founders Larry Page and Sergey Brin retain control of the company. "Our goal was to maintain the freedom to focus on the long term by ensuring that the management team, in particular [executive chairman Eric Schmidt], Sergey and I, retained control over Google's destiny," explained Page. "We want Google to become an important and significant institution. That takes time, stability and independence."
RELATED NEWS AND ANALYSIS
IT Solutions Builder TOP IT RESOURCES TO MOVE YOUR BUSINESS FORWARD
Which topic are you interested in?
What is your company size?
What is your job title?
What is your job function?
Searching our resource database to find your matches...