Google: Everything's Coming Up Pluses

Started by ECTNews, Jul 18, 2011, 09:02 AM

ECTNews

 By most measures, the last two weeks have been a nonstop love fest for Google, beginning with the immediate acceptance of Google+ and culminating with stellar earnings on Thursday and an  impressive performance by CEO Larry Page during the earnings call. Briefly, Google's second quarter revenues clocked in at a 32 percent increase compared with the same period last year, rising to $9.03 billion. Its net income rose to $2.51 billion from $1.84 billion in 2010. Investors promptly rewarded Google with a 13 percent increase in share price on Friday.