Google just announced its earnings for Q1 of 2012 and the company did not disappoint. It raked in $10.65 billion, a full 24 percent higher than last year for the same time period. GAAP net income for the quarter was $2.89 billion, more than twice that of Q1 of 2011, which brings its total war chest to $49.3 billion in cash on hand. Perhaps the biggest news for investors, though, is the 2-for-1 stock split, which is a perfect accompaniment for the skyrocketing price.DevelopingContinue reading Google reports $10.65 billion in revenue for Q1 2012, splits stock
