Google profit up 36%

Google has published results for the second quarter: profits up 36%, revenue has quickened by 32% compared to last year’s figures. The main factor was the growth of Internet advertising, reports The Wall Street Journal. Total quarterly earnings were $ 2.51 billion, or $ 7.68 per share ($ 1.84 billion, or $ 5.71 a year earlier). Total revenue was $ 9.03 billion, to $ 6.82 billion higher than a year ago, they write, “Vedomosti”.

At the same time rising costs and a company that actively compete with new rivals.Operating expenses in the second quarter of the searcher were $ 2.97 billion versus $ 1.99 billion a year earlier. Similarly, increased costs in the first quarter. Capital expenditures of the company, which went on the server, data centers and network equipment, totaled $ 917 million in the first quarter versus $ 476 million a year earlier.Paige called justified increased investment company, which provides for the hiring of new employees in 6000 this year and increase to 10% of salaries to personnel. From April to work at Google in 2452 settled people, the number of staff now has 28 768 employees.

Google profit up 36%

Speaking to investors, company president Larry Page said that the new social network Google + already has more than 10 million users after just two weeks of operation of the system prompts. According to Page’s, Google + – a wonderful product that is simple and intuitive to use.

After the speech, Page and the publication of the company’s shares soared more than posttorgovoy session at 10% on the Nasdaq.

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