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
"Given the response from the market and clients... we expect the S6 to set a sales record for all Galaxy models," Lee Sang-Chul said.
Messenger is being upgraded to allow users to share photos, audio clips, videos, animated snippets and other digital content.
The government argues that the new law is necessary in part to give a legal framework to intelligence work in France.
“This year we mark the 100th anniversary of the Armenian Genocide, Turkey’s attempt to annihilate the Armenian people,” Partamian said.
Partner news