Mountain View, CA search juggernaut Google has announced their Q2 2010 financial results… and it all looks very good. Google posted revenue of $6.82 billion for the quarter (up 24% YoY), a net income of $1.84 billion (up from $1.48 billion), an effective tax rate of 24%, cash, cash equivalents, and short-term marketable securities of $30.1 billion, and an additional 1,200 employees. Other highlights from Q2 include:
- Google-owned sites generated revenues of $4.50 billion, or 66% of total revenues
- Google’s partner sites generated revenues, through AdSense programs, of $2.06 billion, or 30% of total revenues
Hit the read link for the full financial disclosure.Read
