Google reports 22% jump in Q2 revenue

Google reports 22% jump in Q2 revenue

PanARMENIAN.Net - Internet giant Google has reported a 22% jump in revenue during the second quarter period from March through June compared to a year earlier, according to BBC News.

Revenue rose to $16bn and profits were up 6% to $3.4bn, said the firm in its earnings report.

Strong demand for Google's advertising helped boost revenues above expectations.

Google also announced chief business officer Nikesh Arora was leaving for SoftBank.

Arora, who has been with Google for 10 years, will be temporarily replaced by Omid Kordestani, who who was Google's business founder and formerly led Google's sales team.

Shares in Google rose by about 1% after the market closed.

 Top stories
The service will automatically bundle conversations into categories, using the same technology it introduced to Gmail inboxes.
The attacks appear unrelated to an episode in which hackers stole nude photos from the iCloud accounts of several U.S. celebrities.
"We roughly know who they are. If we can take them out of the equation then the rest will fall down," Troels Oerting said.
Facebook, like Twitter and YouTube, is inaccessible in Iran on the grounds that the sites undermine Islamic values.
Partner news