In Larry Page's first quarter as CEO, the company set a new record for revenue in the second quarter of 2011, earning $9.03 billion--a 32 percent increase from last year's earnings. Google's sites saw revenue increase 39 percent, while revenue from sites that show Google display ads grew 20 percent from the same time a year ago. This afternoon, Page held a call (the transcript is posted on Google+, of course) to discuss the announcement, and also touted other accomplishment's the company has had in the last quarter.
Google+ is working--Page confirmed that over 10 million people have joined, "the growth on Google+ has been great--and I’m excited to release some new metrics for you today. Over 10M people have joined Google+
Great achievement for the team." Just two short weeks after its release, that figures is indeed impressive.
Not only are people joining the new social network, but they're using it, "There’s also a ton of activity
We are seeing over 1 billion items shared and received in a single day."
- Not to be confused with the social network, the +1 button, which allows users to recommend sites across the Internet, is also gaining steam, says Page, "Our +1 button is already all over the web. It’s being served 2.3 billion times a day."
- Google is also holding its own in the telecommunications game, "We actually have a new metric to report of 550,000 Android Devices activated a day! That’s a HUGE number even by Google’s standards."
- And we can't forget about its up and coming Web browser, Chrome, which Page boasts is "the fastest growing browser, with over 160 million users."
*The original headline to this article incorrectly stated Google's earnings to have been 9.3 billion.