Google Incorporated (NASDAQ: GOOG) is a Mountain View, Calif.-based technology company. According to ComScore, Google sites led the U.S. explicit core search market in February 2011 with 65.4 percent market share. Not only is Google the search leader, it also sells cloud computing and advertising services, and backs mobile operating system Android.

In the company's latest quarterly filing, Q4 2010, its revenue was $8.44 billion, a 26 percent increase over fourth quarter 2009 revenues of $6.67 billion. Google reported an operating income in Q4 2010 of $2.98 billion, or 35 percent of revenues; and a net income of $2.54 billion, compared to $1.97 billion in Q4 2009. 

"Q4 marked a terrific end to a stellar year," said Eric Schmidt, CEO of Google in a statement. "Our strong performance has been driven by a rapidly growing digital economy, continuous product innovation that benefits both users and advertisers, and by the extraordinary momentum of our newer businesses, such as display and mobile. These results give us the optimism and confidence to invest heavily in future growth--investments that will benefit our users, Google and the wider web."

In 2010, Google expanded its business model to energy with a $38.3 million investment in wind farms developed by NextEra Energy Resources. The year also marked Google's acquisition of Global IP Solutions, a European web teleconferencing company; and AdMob, a mobile ad network.

Tag:

Google

Latest Headlines

Latest Headlines

News Scan: Lenovo closes $2.9B Motorola Mobility buy; Connected cars need more spectrum; more

Check out the hottest mobile IT stories for Oct. 30, including finalization on the Lenovo and Google deal for Motorola, the wireless wish list given to the FCC, the growth in the tablet industry, the heating up car wars in mobile and how larger smartphone screens affect viewing habits.

5 hot new business apps: Is Google vs. Apple healthy?; Facebook opens its Rooms; more

The 5 hot new business apps for Oct. 29.

Apple Pay's first week sees double charge glitch, retailers balking at service

Apple Pay has faced its share of adversity since its official launch one week ago. Whether accidentally double charging some user accounts or retailers balking at the service, the release of Apple's new mobile payment method has been anything but smooth.

CIOs: Email isn't going anywhere, anytime soon

According to IT professionals, email is here to stay in the enterprise … at least for the next few years.

News Scan: Business spending to grab 50% of new IT projects; IT job candidates have high percentage of inaccurate filings; more

The top news stories for Oct. 27, 2014

Google extends its two-factor authentication support with physical USB keys

Google has announced that it has expanded its two-factor verification mechanism with support for physical USB keys.

Google tweaks search algorithms to fight online piracy

Google is rolling out a change in its search algorithm to demote websites that facilitate or engage in online piracy.

Enterprise at risk if FBI gets backdoor in mobile devices

With Google and Apple vowing to block any effort by the U.S. government to add backdoors in new mobile devices, the debate about mobile device security has escalated even more. For the enterprise, any opening into a device, even one deemed necessary by the government for law enforcement or national security, might lead to an exploitable flaw that could give up company data.

Oracle the latest tech firm hit with wage-theft suit

The Silicon Valley wage suit picture got further complicated this week, with word that a former employee of Oracle has sued the company for allegedly conspiring with Google to prevent the hiring of certain IT professionals from each other.

Google unveils Nexus 6 phablet, Nexus 9 tablet

Google takes the wraps off its iteration of Android devices with a new tablet and a phablet.