Google has posted their financial report for the fourth quarter of 2011 and, despite not being able to beat Wall Street's expectations after TAC ($8.13 billion compared to the expected $8.4 billion) they generated $10.58 billion in revenue. This marks the first time they've ever surpassed the $10 billion mark in a quarter. Google's own sites generated $7.29 billion of that while network sites (those not owned by Google who host adsense ads) generated $2.88 billion. Year-on-year quarterly performance improvements (meaning performance compared to Q4 2010) for each aforementioned number were in the 25-30% improved range.
Android Phone, Google Q4 Results: More Than $10 Billion in Revenue
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