Despite of intense competition in internet industry, search engine giant Google has managed to make handsome revenue. Today, company has revealed its Q3 financial report which states that it’s revenue has reached $9.78 billion, a jump of 33 percent compare to same duration last year.
“We had a great quarter, Revenue was up 33% year on year and our quarterly revenue was just short of $10 billion. Google+ is now open to everyone and we just passed the 40 million user mark. People are flocking into Google+ at an incredible rate and we are just getting started” as said by Larry Page, CEO of Google.
Below Graph provides clear view about Google’s quarterly Revue:
Google Site Revenues:
Google-owned sites has contributed of $6.74 billion which accounts to 69 percent of the total revenue. Company has registered a 39 percent increase in its revenue compared to Q3 of 2010 which was $4.83 billion.
Google Network Revenues:
Google’s partnered sites – AdSense program – has generated revenue of $2.64 billion which accounts to 27 percent of total revenue. When compared with Q2 revenue of last year, which was $2.2 billion, Company has registered an surge of 18 percent.
Google has earned $5.3 billion from outside U.S.which accounts to total 55 percent of total revenue, compared to 54 percent of Q2 and 52 percent of Q3 in 2010.
U.K.revenue totaled $1.05 billion, accounts to 11 percent of total revenue, compared to 12 percent in Q3 of 2010. Company has registered minor fall of percent in this region only.
Paid clicks are related to ads served on Google Sites as well as Google’s AdSense partner’s. it saw a buoyant jump of 28 percent over Q3 of 2010 and 13 percent over Q2 of 2011.
Cost- Per – Clicks:
Average cost per click, company has registered 5 percent profit in year-over-year, but in quarter-over-quarters it registered a decrement of 4 percent.
On September 30th Google has cash, cash equivalents, and marketable securities of $42.6 billion.
Google has over 31,353 full-time employee worldwide (on September 30th), it’s employee count also increases by 2,585 when compared with number of employees on June 30th of this year which was 28,768.
Over all we see that Google has registered a revenue above expectation and we hope that in coming quarter it will increase to $10+.
You can donload the detailed financial report of Q3 from here