12.04.2012 23:46 Uhr, Quelle: MacNN

Google beats expectations, sees profit jump 61%

Google beat expectations for its results on Thursday and simultaneously set out plans to create a new kind of stock to keep its management in place. The company saw its mostly ad-based revenue up 24 percent, to nearly $10.7 billion, and its net profit even higher, up 61 percent to $2.89 billion. While the company didn't delve into specific factors, it was thriving both on its core business and on the "momentum from the big bets" on Android, Chrome, and YouTube, CEO Larry Page said.

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