Thursday, October 13, 2011

Tech Article 10/14/11

Google's Revenue Soars!
Google +
10 million to 40 million Users

Under CEO Larry Page, Google has embarked on a series of bold bets, including Google+ and its Motorola acquisition. 
Google's Google plus has increased to 40 million users increasing its revenue. That's a big increase from the 10 million users Google+ had in its last quarter. The network opened to the public in late September. Google said it earned $9.72 per share. Analysts estimated earnings of $8.74 per share. Google plus alone comes out to 388,800,000 dollars. Right now Google's revenue is 7.5 billion dollars. I personally thought Google plus was not going to do well but clearly I was wrong.

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