- CNTV English - CCTV News

Homepage > News > Biz >

Google reports strong second-quarter earnings

07-20-2012 10:32 BJT

SAN FRANCISCO, July 19 (Xinhua) -- Google on Thursday reported strong second-quarter earnings that beat analysts' estimates.

For the quarter ended June 30, the Internet search giant posted revenue of 10.96 billion U.S. dollars, representing a 21-percent increase over the second quarter of 2011.

The company said that the EPS (earnings per share), excluding certain items, reached 10.12 dollars, compared to 8.74 dollars in the same period last year.

Analysts have expected Google to report earnings per share of 10.04 dollars, according to forecasts by Thomson Reuters.

"Google standalone had a strong quarter with 21 percent 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," said Larry Page, co-founder and chief executive officer of Google, in a statement.

"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," he added.

Google introduced the small screen tablet Nexus 7 in late June, and completed its acquisition of Motorola Mobility on May 22.

Editor:Wang Xiaomei |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program