Google announces record Q1 revenues of $6.77 billion


Google has announced record revenues of $6.77 billion during the first quarter of 2010, beating analyst expectations.

That’s $1.2 billion more than during the same period last year, while the Q1 2010 profits were just under $2 billion. Google also revealed that its cash reserves and war chest now amount to a stunning $26.5 billion.

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