As many people have noticed, there’s a recession going on at the moment, with people losing jobs, money, and houses. But it seems to have pretty much by-passed the behemoth that is Google. The company has just posted its figures for the second quarter that end in June, and their profits have leaped up by 18%.
For the three-month period, profits were $1.48 billion on revenue of $5.52 billion – so the revenue only went up marginally, by 3%, over the same period last year. The company has a very comfortable $19.3 billion in cash.
