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Google reports an net income of $2.79 billion

23 Jul 2012 12:00 AM | Anonymous

Google has posted the net income from the second quarter of 2012 detailing a rise of 10 percent to $2.79 billion from $2.51 billion from the same time last year.

Details of spending were also released, including $774 million of IT infrastructure, including servers and datacentres.

New products and services include the Nexus 7 tablet, increased voice search capability, Google Drive and Google Maps Coordinate.

Google CEO, Larry Page, said “Google standalone had a strong quarter with 21% year-on-year revenue growth”

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