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Google Q2 Results Show Continued Growth

Google Q2 Results Show Continued Growth

Google reported revenues of $2.46 billion for the quarter ended June 30, representing a 77% increase over second quarter 2005 revenues of $1.38 billion and a 9% increase over first quarter 2006 revenues of $2.25 billion.

The Q2 figures put its net income at $721m (£389m) a jump from the $342m recorded for the same period in 2005.

Google-owned sites generated revenues of $1.43 billion, or 58% of total revenues, representing a 94% increase over second quarter 2005 revenues of $737 million.

Revenues from outside of the United States contributed 42% of total revenues, the same as for the first quarter of 2006, and contributed 39% in the second quarter of 2005.

In addition, Google expects that the growth rate in capital expenditures in 2006 will be substantially greater than the revenue growth rate for the year, with the majority of investment to be focused on IT infrastructure including servers, networking equipment, and data centres, as well as real estate and campus facilities.

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