Google reports $10.65 billion in revenue for Q1 2012, splits stock

Google has just announced its earings for Q1 of 2012 and the company was not disappointed. Google took in $10.65 billion which is a 24% higher than last year. $10.2 billion came from advertising revenues, $7.3 billion of that was on Google's own properties. GAAP net income for the quarter was $2.89 billion which was twice as much of Q1 of 2011. Which brings $4.3 billion in cash on hand. Google must have been really pleased with this income in just only the first quarter!

Sources: Engadget