Q1 2011 Quarterly Earnings Summary
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First Quarter 2011 Highlights
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Revenue growth of 27% Y/Y and 2% Q/Q
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Google properties revenue increased 32% Y/Y and 4% Q/Q
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Network revenues increased 19% Y/Y and decreased 3% Q/Q
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International revenues were $4.6 billion
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Operational Highlights
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Strong financial metrics: revenue growth, profitability and cash flow
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Continuing to invest heavily in our growth agenda
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Investing in People --to attract, retain, and reward the best talent
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Investing in Sales & Marketing –for both new products + advertiser acquisition
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Investing in Long-term infrastructure –including both facilities + our core computing network
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Quarterly Revenues
( $ i n m i l l i o n s )
178 186 188 209 300 258 254 273 269 3,693 3,653 3,956 4,421 4,439 4,499 4,833 5,672 5,8791,638 1,684 1,801 2,044 2,036 2,063 2,199 2,495 2,427 $0$500$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000Q1'09Q2'09Q3'09Q4'09Q1'10Q2'10Q3'10Q4'10Q1'11
OtherGoogle.comNetwork
Q1’11 Y/Y Growth = 27%Q1’11 Q/Q Growth = 2%5,5095,5235,9456,6746,7756,8207,2868,4408,575