Google reports $10.65 billion in revenue for Q1 2012, splits stock

Google just announced its earnings for Q1 of 2012 and the company did not disappoint. It raked in $10.65 billion, a full 24 percent higher than last year for the same time period and a hefty improvement over last quarter. Of that rather sizable chunk of cash, $10.2 billion came from advertising revenues - $7.3 billion of that placed on Google's own properties. GAAP net income for the quarter was $2.89 billion, more than twice that of Q1 2011, which brings its total war chest to $49.3 billion in cash on hand.

Engadget, Google reports $10.65 billion in revenue for Q1 2012, splits stock