Google now has $30.1 billion Cash on hand

Google has released its second quarter 2010 earnings report. The highlight news is that revenue grew by 24% year-over-year to $6.82 billion — an impressive growth for the search Emperor. However, there was barely any growth from Q1 2010, when the company reported $6.77 billion in revenue.

Highlights in Google’s Earnings 2010 Q2:

• Google-owned sites generated $4.5 billion
• AdSense and non-Google websites brought in $2.06 billion
• While paid clicks increased by 15% from Q2 2009, they actually decreased by 3% from Q1 2010
• Google now has $30.1 billion in cash on hand, compared to $26.5 billion three months ago.

[Via mashable.com]

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