Have you ever wondered how much Google earns in a quarter? How about this past quarter (June 2011)? Take a wild guess...
Here are the actual numbers:
For the second quarter (June 2011), Google's revenue was over $9 billion. To be exact, it was $9.03 billion for the quarter ending June 30th, 2011. Compared to last June, revenues were $6.82 billion, showing a 32% increase this year. A majority of this revenue came from Google-owned sites (69%).
Did you know that Google founders Larry Page and Sergey Brin had originally been against Google being an advertising funded search engine? In 1998, both Page and Brin wrote a research paper on the topic as students at Stanford University in California. It was not until 2000 that Google started selling text-based ads online. Good thing Page and Brin changed their minds, huh?? Page and Brin decided to accept the text-based ads because they wanted to keep Google looking organized and to make the most of page loading speed.
Was your guess about Google's second quarter revenues close? Does your business have ads placed on Google? If so, how has it affected your business?
About Alan Moore: Alan is an Internet Marketing Consultant with ReachLocal Baltimore. His mission is to help you increase your revenues and decrease unproductive advertising expenses through proven, online marketing strategies. He manages over $1,000,000 in yearly marketing budgets and has worked with local businesses, agencies and the US government. Give him a call at (877)655-3438 to schedule a free consultation.
To access Google's entire earnings report for second quarter 2011, go to http://www.webpronews.com/google-q2-earnings-released-2011-07
Stross, Randall, Planet Google: One Company's Audacious Plan to Organize Everything We Know, New York : Free Press, September 2008. ISBN 978-1-4165-4691-7 Cf. pp.3–4.