Google's Financial Results for Q2

"Google grew at an impressive pace during a seasonally slower quarter. [...] Our strong performance results from our clear focus on increasing the quality of user experience, particularly in search and ads," says Eric Schmidt, Google's CEO.

Google reported revenues of $2.46 billion for the second quarter, an increase of 77% compared to the second quarter of 2005 and an increase of 9% compared to the first quarter of 2006. The net income increased to $721.1 million, or $2.33 a share, from $342.8 million, or $1.19 a share, a year earlier.

Here you can see the advertising revenues (in thousands):

		Three Months Ended June 30,				Six Months Ended June 30,
		2005		2006		2005		2006
Advertising revenues:
Google web sites		$737,172		$1,432,461		$1,394,169		$2,729,778
Google Network web sites		630,242		996,567		1,214,357		1,924,942
Total advertising revenues		1,367,414		2,429,028		2,608,526		4,654,720
Licensing and other revenues		17,081		26,963		32,485		55,026
Revenues		$ 1,384,495		$ 2,455,991		$ 2,641,011		$ 4,709,746

58% of the income is from the US, and 17% comes from the UK.

In their conference call, Google's representatives have given some idea about their plans:

* they'll launch AdSense for radio in 3 months worldwide

* they'll test mobile ads, first in Asia (Japan)

* increase the presence in countries where Google isn't the leader: China, Russia, Korea

* more partners for distribution and content

More at Google's press release. Conference Call transcript.