Google’s first quarter revenue was $17.3 billion, up 12% year on year. Excluding the net impact of foreign currency headwinds, revenue grew a healthy 17% year on year. Operating income was $4.4bn, operating margin 26%.
- Google websites US$ 11.9 bn
- Google Network Members’ websites US$ 3.5 bn
- Other revenues US$ 1.7 bn
Foreign exchange had a negative effect on income. If foreign exchange would have been constant, Googles revenues would have been US$ 795 million higher.
Source: Google Earnings Release