Google announced its earnings report for Q3 2011 yesterday. They reported $9.72 billion in revenue for the quarter, up 33 percent from the same period last year. Net income (GAAP) was $2.73 billion, up from $2.17 billion for Q3 2011. The company has $46.2 billion in cash on hand. so they may start looking for another company to buy out soon. With Hulu taking themselves off of the market, who could they target? Not Yahoo, the SEC wouldn’t let that happen. We will have to wait and see.
Category: Tech News
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