The group of search engine Google has published Thursday, April 14, profit below expectations for the first quarter, despite an increase of 17.5%. Net income amounts to $ 2.3 billion (1.6 billion euros), against 1.96 billion dollars (1.35 billion euros) during the same period last year. The gross sales, excluding commissions paid out to partner sites, has meanwhile reached 6.54 billion dollars (4.51 billion euros), up 29% over the same quarter of the year Previous (5.06 billion dollars).
Analysts had expected sales to 6.32 billion dollars (4.32 billion euros). So he just take control of the group as CEO, replacing Eric Schmidt, who continues to chair the board of directors, co-founder Larry Page has made a brief appearance during a teleconference. In a statement, CFO Patrick Pichette praised in particular "a great quarter with a growth of 27% year on year revenues." The Mountain View Group also welcomed the success of its operating system for mobile devices Android, with 350,000 units sold each day, which contributed to sixfold increase in the use of its search engine for mobile users over the past two years .
INCREASE IN OPERATING EXPENSES But operating expenses also increased sharply over the past year, from 1.84 to 2.84 billion dollars (1.27 to 1.96 billion euros). Google, which has hired about 2,000 people for three months, in particular faced a 48% increase in expenses related to stock-based compensation of its employees, from 291 to 432 million dollars (201 to 298,000,000 to Euros) between early 2010 and early 2011.
Google has just completed the acquisition this week for $ 700 million (483 million) of the ITA company specializing in software for information on air, after waiting nine months for a government green light. The share fell by 5.22% to 548.29 dollars (378.35 euros) in electronic trading after the close of the NYSE. 
Analysts had expected sales to 6.32 billion dollars (4.32 billion euros). So he just take control of the group as CEO, replacing Eric Schmidt, who continues to chair the board of directors, co-founder Larry Page has made a brief appearance during a teleconference. In a statement, CFO Patrick Pichette praised in particular "a great quarter with a growth of 27% year on year revenues." The Mountain View Group also welcomed the success of its operating system for mobile devices Android, with 350,000 units sold each day, which contributed to sixfold increase in the use of its search engine for mobile users over the past two years .
INCREASE IN OPERATING EXPENSES But operating expenses also increased sharply over the past year, from 1.84 to 2.84 billion dollars (1.27 to 1.96 billion euros). Google, which has hired about 2,000 people for three months, in particular faced a 48% increase in expenses related to stock-based compensation of its employees, from 291 to 432 million dollars (201 to 298,000,000 to Euros) between early 2010 and early 2011.
Google has just completed the acquisition this week for $ 700 million (483 million) of the ITA company specializing in software for information on air, after waiting nine months for a government green light. The share fell by 5.22% to 548.29 dollars (378.35 euros) in electronic trading after the close of the NYSE.
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