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 company is determined to suspend the provision of free Wi-Fi, until the intervention into its infrastructure is stopped.
"The issue was caused by a duplicate chart for Reagan National Airport in American's chart database," said Mike Pound.
Samsung said demand for the S6 Edge has exceeded expectations but the limited supply for the curved displays restricted sales.
“Today’s Demo Day was like other Demo Days in the world in terms of the quality and innovation of ideas,” Raffi Krikorian said.
Partner news