Internet giant Google announced record second quarter earnings with $9 billion of revenue, up 32 per cent year-on-year.
Google boss Larry page said he was "super excited about the amazing response to Google+", revealing on an earnings call that the newly launched social service was currently experiencing users sharing a billion items every day.
Most of Google's revenue came from Google-owned web sites and it was here that the firm saw the largest growth of 39 per cent year-on-year. A year ago Google already earned more outside of the US than the Mountain View California-based search giant earned from the US market. This year the gap widened slightly from 52 to 54 per cent.
Page also highlighted the fact that over 10 million users had joined the Google+ service, despite the firm drip feeding invites in order to manage the growth. Google already faced the embarrassing hitch of running out of disk space for the notification system, based on heavier-than-expected demand.
The Google +1 button is also clicked 2.3 billion times per day. It seems Facebook's 'like' button has competition at last.
The 32 per cent rise in revenue and a successful launch of the strategically important social networking service will be seen as a boost to new CEO Larry Page who took over from Eric Schmidt in April.
Advertisement
Related Stories
- Developer fined £50,000 over fake Angry Birds app May 25th 2012 at 12:28PM
- Facebook to float on Stock Exchange today May 18th 2012 at 11:27AM
- Google introduces Knowledge Graph for more intelligent search May 17th 2012 at 10:55AM
- Google's multi-Nexus Android strategy May 16th 2012 at 12:56AM
- Student wins 'email lottery' May 13th 2012 at 10:40PM
- Mozilla, Google blast Windows RT browser restrictions May 11th 2012 at 3:47AM
- Java judge will not rule on Android "fair use" May 11th 2012 at 1:52AM
- Google lets anyone be a TV station May 7th 2012 at 10:55PM
- Jury fails to fully decide in Oracle vs Google May 7th 2012 at 10:28PM






















