Larry Page, CEO of Google
Internet giant Google has reported revenues of US$14bn for the second quarter, up 19pc on last year. The company reported a profit of US$3.23bn, up from US$2.79bn last year.
CEO Larry Page said the challenges and opportunities presented to Google rest primarily in the multi-screen computing landscape, or the post-PC world, as it has become known.
“Google had a great quarter with over $14bn in revenue – up 19pc year-on-year,” Page said.
“The shift from one screen to multiple screens and mobility creates tremendous opportunity for Google. With more devices, more information, and more activity online than ever, the potential to improve people’s lives even more is immense.”
Google-owned sites generated revenues of US$8.8bn during the second quarter, up 18pc year-on-year. Partner sites generated revenues of US$3.1bn, up 7pc on last year. Other revenues from Google were US$1.05bn, up 8pc on last year.
The company’s revenues from outside the US totalled US$7.2bn, accounting for 55pc of total revenue.
Google’s hardware division Motorola Mobile reported revenues of US$998bn, accounting for 7pc of total revenue.
