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Google Q4 2011 earnings: $10.6 billion in revenue, 90 million Google+ users


News by Dan Seifert on Thursday January 19, 2012.

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Google just released its Q4 2011 financial report, and as is usually the case with the search giant, both revenues and profits are up from last year. The company reported $10.58 billion in revenue for Q4 2011 with net income of $2.71 billion.

Revenues were up 25 percent over the same quarter in 2010, and net income was up a modest $170 million over last year. Google pointed out that revenues for the entire year were up 29 percent over 2010. The company currently has $44.6 billion in cash and liquid assets.

Google said that both Android and Google+ saw significant growth in the last quarter, with the Google+ social network now boasting over 90 million users. We will be tuned in to the company's webcast in a few minutes for any other tidbits of information regarding Android's growth.

 
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Dan Seifert
Dan is MobileBurn.com's Editor-in-Chief. Based in Poughkeepsie in New York, Dan can be found on Twitter as @DCSeifert.

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