Google's revenue up 33 percent for Q3 2011

Discussion in 'Android News' started by Shadez, Oct 13, 2011.

  1. Shadez

    Shadez Super Mod/News Team Staff Member Premium Member

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    Google today announced its earnings report for Q3 2011. We are hearing the word "billions" a lot. $9.72 billion in revenue for the quarter, which is up 33 percent from the same time period last year. Net income (GAAP) was $2.73 billion, also up from $2.17 billion for Q3 2011. With $46.2 billion in cash on hand.

    Lots of money in the search business still. No Android news (Unfortunately) in the release, so stay tuned for the earnings call and Q&A.

    Source: Google. Via: AndroidCentral.Com
     
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  2. wicked

    wicked DF Administrator Staff Member Premium Member

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    :icon_eek:IMPRESSIVE:icon_eek:
     
  3. Shadez

    Shadez Super Mod/News Team Staff Member Premium Member

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  4. johnomaz

    johnomaz Silver Member

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    Isn't that more cash on hand than apple?
     
  5. czerdrill

    czerdrill Silver Member

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    Not even close
     
  6. dug-e-fresh

    dug-e-fresh Member

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    Apple has $76 billion on hand. So about 65% more than Google. Or you could say Google has 60% of the cash on hand that Apple has. (mind you this is July Apple data vs Sept Google data)

    def