Google has released its results for Q4 2011 and have spoken of a little disappointment with growth not keeping up with their expectations.
Reporting a huge $10.60 billion in revenue in Q4 should be a great success but this was only a 25% improvement YOY, with shares earning $9.50 per share.
Any other company would think these results were fantastic but not Google who expected a stronger end to the year.
Google also posted a 6% profit gain of $2.71 billion for Q4
Google’s shares, after this news dropped by 10% but hope to regain in Q1 2011.
Larry Page was upbeat pointing out Google had increased its revenue and now has over 90 million users worldwide daily.
"Google had a really strong quarter ending a great year," Page said. "[...] I'm super excited about the growth of Android, Gmail and Google+, which now has 90 million users globally -- well over double what I announced just three months ago."
Let’s hope we can see Google staying strong this year and keep bringing us new ways to increase the use of search.
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