Google Revenue Jumps Up By 33 Percent To Reach $9.78 Billion in Q3 2011

Must Read

WeWork Valuation: $2.9 Billion, Way Below Than Estimated $47 Billion 6 Month Ago

If you are thinking it is some kind of clickbait, you are highly mistaken. The debate on...

Darkest Before Dawn: Can India Survive Its Worst Ever Recession?

Bolt your doors, batter down your hatches, brace yourselves. Recession is about to make landfall.

More Trouble For SoftBank As Jack Ma Resigns?

The year 2020 has been extremely brutal for SoftBank Group, the Japanese multinational conglomerate. Now, to make...

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:

Advertisements

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.

International Revenue:

Advertisements

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:

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.

 Cash:

On September 30th Google has cash, cash equivalents, and marketable securities of $42.6 billion.

Employees:

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

3 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Apple is Being Evil For 1.5 Billion iPhone, iPad Users Worldwide

Last year when Apple Inc. (NASDAQ:AAPL) was accused of recording everything that iPhone users were talking through...

Is Bill Gates Developing Covid-19 Vaccine To Track Billions Of Users Worldwide?

Bill Gates is once again at the centre stage of controversy related to novel Coronavirus. Battling falsehood and paranoid...

Darkest Before Dawn: Can India Survive Its Worst Ever Recession?

Bolt your doors, batter down your hatches, brace yourselves. Recession is about to make landfall. According to Goldman Sachs, a...

Crisis Of Trust: The Glue Between Brands, Customers And Employees!

The COVID-19 crisis, which shows no sign of stopping any time soon, has left no life untouched in terms of impact. It...

WeWork Valuation: $2.9 Billion, Way Below Than Estimated $47 Billion 6 Month Ago

If you are thinking it is some kind of clickbait, you are highly mistaken. The debate on the valuation of WeWork once...

More Trouble For SoftBank As Jack Ma Resigns?

The year 2020 has been extremely brutal for SoftBank Group, the Japanese multinational conglomerate. Now, to make things even worse, it has...

In-Depth: Dprime

Facebook Shops: Looking Beyond Ad Dollars!

Amid this global pandemic, when companies are struggling to find new verticals to pivot towards in order to maintain their revenue and...

Facebook Fake Accounts: The Inevitable Battle That May Last Forever!

For all social media platforms, battling with the growing number of scammers, hackers and all other kinds of malicious users have become...

YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

Online video sharing platform YouTube can be a ruthless place for content creators targeted by 'dislike mobs'. And the site owners totally understand that...

More Articles Like This