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Google Beats Forecasts With 30% Increase In Profit

Google has done it again, they announced impressive earnings, beating forecasts and showing a 30% increase in profit from the previous first-quarter results.

Google's reported revenues of $5.19 billion for the quarter ended March 31, 2008 and a net income of $1.31 billion. Previous quarter revenues was $4.83 billion in Q4 and $3.66 billion in Q1 2007. Previous quarter income was 1.21 billion in Q4 2007. Google's shares are currently up over 12% in after market conditions, now at $506.87.

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