Google’s Q2 2012 earnings: $12.21B gross, $2.79B net income

Details have recently trickled in, and Google has had a solid second quarter of 2012. Google even beat Wall Street earnings expectations, at $10.12 per share on revenue of $12.21 billion. This also points towards a 35% increase of gross revenue from the previous quarter this year. That’s quite obviously called progress.

A statement put forth by Google’s CEO, Larry Page expresses the confidence and accomplishment that Google currently has:

“Google standalone had a strong quarter with 21% year-on-year revenue growth, and we launched a bunch of exciting new products at I/O – in particular the Nexus 7 tablet, which has received rave reviews,”  [sic] “This quarter is also special because Motorola is now part of the Google family, and we’re excited about the potential to build great devices for users.”

Promising indeed. And that leaves little reason for Google not to pursue meaningful hardware ventures, like Project Glass or the Nexus 7.

Via: Google Investors

About Stefan Etienne

Founded tech site LaptopMemo. 16-years-old, loves tea, tennis, reading, tech, gaming, + more.

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