Google Has A Great Q1 2010

Posted: Apr 16 2010, 10:45am CDT | by , Updated: Aug 11 2010, 8:37pm CDT , in Technology News


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Google is an unstoppable juggernaut. The company just posted their Q1 2010 earnings, and things couldn't be better. They had revenues of $6.77 billion for the quarter that ended on March 31, which marks a 23% increase year-over-year. 66% of this revenue came from Google-owned sites, and AdSense contributed another 2.04 billion (30%).

Revenue from outside the United States made up 53% of the total revenue. Google also revealed the size of their 'war chest' with this announcement. They have $26.5 billion in cash, cash equivalents, and short-term marketable securities. That's enough money to buy quite a few start-ups (or ailing former competitors).

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