Despite the West’s failure to adequately emerge from the global economic quagmire, Google is still raking in piles of cash

Posted: 2012/07/20 in Education / Awareness, Google, Stats / reports

The number of clicks on the web giant’s search adverts increased by about 42 per cent from the same quarter last year, which offset the 16 per cent cut in cost-per-click.

Investors fear the rise of mobile gadgets, on which advertising is cheaper, could ruin the models of the internet’s big players, but Android-making Google is not showing too much sign of it yet. The company banked revenues of $12.2bn (£7.76bn) in the quarter, up slightly from the same period in 2011, giving it a net income of $2.79bn (£1.77bn).

Those revenues included money from Motorola Mobility, the first time the acquisition has been added into Google’s results.

More:
http://www.theregister.co.uk/2012/07/20/google_q2_results/

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