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Google Q4 Results: More Than $10 Billion in Revenue

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Google has posted their financial report for the fourth quarter of 2011 and, despite not being able to beat Wall Street’s expectations after TAC ($8.13 billion compared to the expected $8.4 billion) they generated $10.58 billion in revenue. This marks the first time they’ve ever surpassed the $10 billion mark in a quarter. Google’s own sites generated $7.29 billion of that while network sites (those not owned by Google who host adsense ads) generated $2.88 billion. Year-on-year quarterly performance improvements (meaning performance compared to Q4 2010) for each aforementioned number were in the 25-30% improved range. Larry Page mentioned Google+ and Android, among others, in a list of things that they believe will help them do even better in 2012.

 “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.”

Head on to Google’s site for the full results.

Quentyn Kennemer
The "Google Phone" sounded too awesome to pass up, so I bought a G1. The rest is history. And yes, I know my name isn't Wilson.

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4 Comments

  1. And the stock plummets because of wall street expected more…

    Go Ravens!!!

    1. It was up in the day , dropped in after hours trading, it’ll level out tomorrow.

  2. Yo, there’s no headline to click on.  I had to get here by clicking on “Comments”

    Edit: That’s better.

  3. Damn more money than the us! Google give us a stimulus check!

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