Google has published a report on their quarterly earnings and it seems like things are a lot better than the opinions which various analysts had about them. Their net revenue has increased by 37% from last year, while revenue increased 23% on year-to-year. The net income stands at $1.96, while revenue is situated at $6.77 billion. Sixty-six percent of GOOG’s revenue came from the company’s own properties, while 30% came from Google AdSense. CPC went up 7%, while paid-clicks went up 15% from Q1 last year. In Q1 2010 Google now features $26.5 billion cash and exactly 20,621 employees which are up from Q4 2009 when the search giant has 19,835 employees. So if you think that Google was affected due to worldwide recession, think again! Google’s CFO – Patrick Pichette, said that the company doesn’t want to disclose the number of Nexus One units sold, however, sales went really well, and per total this is a very profitable business for them. Currently Android Marketplace apps number stands at 38,000, while more than 60,000 Android-powered smartphones are activated on daily basis. Keeping the stats in mind, if you’re interested in creating your own valuable presence on this billion-dollar platform and looking to hire some developers, then 1SocialMedia agency has got the right team for you. Just fill out the short form here to request a quote for your project and we’ll handle the rest!
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