Big revenues for Google

Google has revealed a 9.8 per cent rise in UK profits, hitting £523m.

Google’s revenues have already passed $20billion so far this year. Net income has surged by 32 per cent to $42.2bn.The company is now sitting on $33.4bn in cash.

However, the company was reluctant to reveal the financial results of YouTube, which has had its profitability questioned since Google purchased the site.

(Source: BrandRepublic)

This article appears in issue 257 of Media Digest.

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(Source: POLIS)

 

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