Google announces Q2 2015 earnings: $17.7 billion revenue, $3.93 billion net income

https://www.youtube.com/watch?v=1G9GtvZBqkM

Google today has posted its earnings for Q2 2015. The company reports revenue of $17.7 billion, which is up 11% or $15.9 billion year over year. Net income for Q2 2015 was $3.93 billion. 

Of its total revenue, advertising consisted of right about $16 billion, with Google’s own websites accounting for $12.4 billion. Advertising revenue is up 11% year over year, while that of Google’s own sites are up 13 percent year over year. Aggregate paid clicks rose 18 percent in Q2, while cost-per-click rates fell 11 percent compared to Q2 of 2014.

Google is holding a webcast at 1:30PST/4:30EST further discussing its earnings for the first quarter of 2015, and you can find that stream embedded above.