Google Sees Earnings IncreaseCategory: General News
Posted: July 27, 2012 12:17PM
Google announced that second quarter earnings were up, meeting the expectations of financial analysts. Earnings were up to $2.8 billion from $2.5 billion in the same period last year. The boost was helped by the first full quarter of the acquisition of Motorola Mobility Holdings, and without the Motorola revenue Google would have grown by the slowest margin since 2009. Improvements in the way Google chooses to display ads in search results resulted in an increase in clicks by 42% over the previous year.