Google ($GOOG) reported earnings today. Impressive.
…easily surpassed analysts’ expectations, reported that revenue climbed 33 percent and net income rose 26 percent.
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“When I look back over the last quarter, the word that springs to mind is ‘gangbusters,’ “ Larry Page, Google’s chief executive, said in a call with analysts after the earnings were announced.
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“The quantification of mobile revenues gives us an indication that Android is cementing Google’s position in mobile advertising,” said Jordan Rohan, an analyst at Stifel Nicolaus. “Google’s ability to diversify away from the parts of its businesses that are maturing is impressive.”
Here we have a company that is really growing gangbusters with the Android phones and tablets, now combined with domination in searching.