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.



Latest Headlines

Latest Headlines

Google targets the enterprise with next-gen Android L platform

Google this week took the wraps off Android L, its next-gen revamp of the Android platform. In addition to 64-bit support, the major software upgrade also introduces a cross-platform design language that brings a new, unified user interface to Android and Chrome OS.

Google unveils Drive for Work with unlimited storage to counter OneDrive

At Google I/O on Wednesday, the company took the wraps off Google Drive for Work, a paid service targeted at business users and priced at $10 per user per month. The service offers unlimited storage, the ability to upload files of up to 5TB in size, and access to productivity apps such as Docs, Sheets, Slides, Hangouts and Sites.

Google forks OpenSSL to create BoringSSL

Over the weekend, Google announced that it has taken the OpenSSL code library and forked it into its own independently developed version called "BoringSSL."

App permission notifications may be suppressed by Android in latest change

Google has changed how the Android operating system discloses new app permissions, according to a new report on  Ars Technica.

Chrome officially more popular than Internet Explorer

Google's Chrome has overtaken Microsoft's Internet Explorer, or IE, as a Web browser platform in the United States, according to the latest Adobe Digital Index for the month of April. According to Adobe, Chrome accounted for 31.8 percent of all Web browser usage during the month, while IE's browser share was slightly lower at 30.9 percent for that month.

Report: Safari, Chrome could mask URLs in future

Both the Safari and Chrome Web browsers could soon implement a new feature that results in the URL of a website being obscured, reports  Computerworld.

Google emulates Microsoft by pledging to support Chrome OS for 5 years

Google has extended its support for the Chrome OS to five years. As noted by Gregg Keizer of  Computerworld, this is an addition of one year to nearly every device based on Google's earlier policy which generally promised to support a specific Chromebook for four years from its debut.

Google tries again with over 20 new Intel-powered Chromebook models

Google this week took the wraps off a lineup of more than 20 new Chromebook devices that are powered by Intel microprocessors, a remarkable increase from just four Intel-powered models late last year.

Google releases standalone Google Docs, Sheets apps

Google this week released separate mobile apps for accessing documents and spreadsheets stored on its Google Apps cloud platform.

Google looks to PC with Project Ara smartphone

It has emerged that Google is drawing inspiration from PC systems to build the next-generation of smartphones. The company outlined its ambitious plans at the Project Ara modular phone developers' conference held last week.