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Showing posts with the label google in 2011

Google earns $9.72 per share, Google+ carries 40 million users

Google earned a record $7.5 billion in the third quarter, and announced that its three-month-old Google+ social network now has 40 million users. That's a big increase from the 10 million users Google+ had at the end of Google's last quarter, when it remained in a "limited" trial phase. The network opened to the public in late September.  In an earnings release late Thursday, Google said it earned $9.72 per share. Analysts polled by Thomson Reuters had forecast earnings of $8.74 per share.  Investors are looking to Google's advertising figures as a barometer of the overall economy, and the numbers were good -- though the cost-per-click increase was not as high as it was last quarter. Profit rose as both the number of clicks on Google's ads and the amount that advertising partners pay per click increased.  Paid clicks rose 28% and cost per click ticked up 5% compared to last year. Sales for the Mountain View, Calif., company rose 33% over the yea