Google registers “record breaking” revenue growth

Google reported a better than expected 32% increase in revenue for the second quarter, with its mood lifted further by the “amazing response” to recently launched social network Google +.

/o/t/g/Google.jpg

The company says that revenue for the three months to 30 June was $9bn (£5.6bn), up from $6.82bn (£4.2bn) in the same period last year.

Revenue from the UK, which accounts for about 11% of its total, was $976m (£605m).

Larry Page, described the quarter, his first as CEO after taking over from Eric Schmidt in April, as “great”, adding that he was “super excited about the amazing response to Google+”.

Google launched +, which allows users to share content and videos, last month as it looks to take on Facebook.

Revenue from owned sites including Google.com and YouTube increased 39% to $6.23bn (£3.9bn), while income from partner sites such as AdSense totalled $2.5bn (£1.5bn), up 20% on the $2.06bn (£1.3bn) registered a year earlier.

The number of paid clicks increased 18% year on year, while average cost-per-click was up 12% on the same period last year.

Latest from Marketing Week

Marketoonist on whack-an-idea

Marketoonist

Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne See more of the Marketoonist here

NOT REGISTERED? IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now

THE BEST CONTENT

Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here