Google’s share price surged by as much as five percent in after hours trading as it revealed a 7 percent increase in quarterly net income. Net income during the last tree months of th year reached $2.89bn.
The latest update from Google confirmed that the Internet giant achieved an annual revenue record of $50.2bn.
Speaking in reference to the results, Google CEO Larry Page commented that it was “not a a bad achievement in just a decade and a half.”