Google Inc. (NASDAQ:GOOG)
About Google Inc. (NASDAQ:GOOG) Google Inc. maintains an index of Websites and other online content, and makes this information freely available through its search engine to anyone with an Internet connection. Its automated search technology helps people obtain nearly instant access to relevant information from its online index. It generates revenue primarily by delivering online advertising. Businesses use its AdWords program to promote their products and services with targeted advertising. In addition, the thousands of thirdparty Websites that comprise the Google Network use its AdSenseprogram to deliver relevant ads that generate revenue and enhance the user experience. In September 2009, the Company acquired ReCAPTCHAInc., a spin-off of Carnegie Mellon University's Computer Science Department. In February 2010, it acquired Aardvark. In February 2010, it acquired On2 Technologies, Inc. In August 2010, it acquired Slide, a social technology company. In August 2010, it acquired Angstro.
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Financials Google Inc. (NASDAQ:GOOG) engendered total revenue of $7.28 billion in current quarter which is noticeably greater than previous quarter’s revenue of $6.82 billion. Moreover, operating and net income both have increased that resulted in increase in EPSwhich is a good sign for the investors. The company’s cash flow from operation has gone up noticeably which stood at $7.55 billion as contrasted to last quarter’s cash flow from operation which was placed at $4.66 billion. Increased CFO shows that the company has generated more cash than its expenses. According to present quarter ending financials company’s total assets mount up to $53.34 billion. Return on equity and return on assets both are increasing. Total liabilities and total equity stand at $10.05billion and $43.29billion respectively.
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