Wednesday, May 22, 2024

Google Announces Record Revenues, Sends Shares Soaring

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Digital Trends: Google CEO Larry Page today announced that his company brought in $9.03 billion in the second quarter, a 32 percent increase compared to a year ago. “We have substantially increased our velocity and execution this quarter–a key goal of mine since taking over as CEO,” Page said. “It’s why I created a new, product-focused management structure–with a clear leader responsible for each product area.”

During the earnings call, the company also announced that Google+ already has 10 million users and that they are activating 555,000 Android devices per day.

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