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.