The giant Google has released its financial results for the first quarter of the year. Reaching 8.58 billion dollars, the group's turnover rose by over 27% year on year (6.77 billion dollars recorded in the first quarter of 2010). Net income reached for his $ 2.30 billion, up 17% from last year. The profit margin was weaker than analysts had hoped, Google saw its general operating expenses rose from 1.84 billion dollars (27% of revenues) in the first quarter of 2010 to $ 2.84 billion (33% income) for the first quarter of 2011.
The reaction was not made to wait on the market, the share price of the group dropping more than 5.6% in pre-open ... 31 March 2011, Google finally had a war chest - in cash - $ 36.7 billion.
The reaction was not made to wait on the market, the share price of the group dropping more than 5.6% in pre-open ... 31 March 2011, Google finally had a war chest - in cash - $ 36.7 billion.
- Google's Q1 2011 Revenues: $8.58 Billion (14/04/2011)
- Google revenue jumps 29 per cent (14/04/2011)
- Bronx couple still crazy in love after seven decades (14/02/2011)
- Google's Revenue Up, Earnings Fall Short (14/04/2011)
- Google: Revenue, Clicks, CPC, AdSense All Up; GOOG Stock Down (15/04/2011)
Google (homepage)  NASDAQ: GOOG (googlefinance)  Google (blog)  Google (GOOG) (wikinvest)  Google (crunchbase)  Google (wikipedia)  Marissa Mayer at Stanford University (youtube)  
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