Google Inc. Q1 2012 Earnings Report is Pretty Robust

Discussion in 'Android News' started by cereal killer, Apr 12, 2012.

  1. cereal killer

    cereal killer DF Administrator Staff Member

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    Google Inc. just missed Wall Streets estimates by the thinness of a RAZR, but still pulled in some very impressive numbers. According to their earning report for Q1 2012, Google saw revenues of $10.65 billion for the quarter ended March 31, 2012, an increase of 24% compared to the first quarter of 2011. GAAP net income in the first quarter of 2012 was $2.89 billion, compared to $1.80 billion in the first quarter of 2011.

    Curious how much money they have on hand?

    Nice chunk of change to "play" around with. The earnings call is ongoing, so if any more good info comes out of there we will let you know.

    Source: Google
     
  2. kevincat

    kevincat Member

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    Lol

    "Play" around with.
     
  3. pc747

    pc747 DF Administrator Staff Member Rescue Squad

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    hopefully they play around with giving us a moto nexus :biggrin:.
     
  4. bazar6

    bazar6 Premium Member Theme Developer Premium Member

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    Man, with all that cash, how about some subsidies to put those higher-end devices in the hands of more people ;) Or at least increase the market share of Android.