Google's Q2 result beats market forecast with registering 36% growth

Google beats the market forecast and fairly done well in the second-quarter result. The profit is far better than the market expectations. Under new CEO Larry Page Google earned $2.5 billion in the April-June period with 36% growth against last year’s $1.84 billion. Google’s revenue increased 32% to $9 billion which is the largest revenue earning in single any quarter after 13 years.

Google also added 2452 employees in the second quarter. Google has recently launched ‘Google +’ which is growing superfast and getting positive response from billion of users around the globe.

Google has done quite well in the second quarter due to the increase of web advertisement. Now companies are ready to pay higher price rate to promote their products on the Internet's largest marketing network. Not only the average price paid per advertising click on Google's network increased 12% from last year, the clicking rate by web browsers also increased almost 18% compared to last year.

Mark Zuckerberg of Facebook the Most Popular Man on Google+ !

It's an ironic twist to the tale but here it is: the page of Mark Zuckerberg - whose creation (Facebook) Google aims to take head on and outdo with its latest service Google+ - is currently the most popular on Google+.

According to a report by Social Statistics, an independent agency, Zuckerberg is being followed by some 35000 subscribers of Google+ while that of Larry Page, Co-founder and Chief Executive of Google has some 24,000 followers.

Though no official comments are available about the authenticity of Zuckerberg's page, the fact that his page is linked to the pages of several other important exutives of Facebook suggests that this indeed is the page of the real Mark Zuckerberg.

It seems Zuckerberg wants to have a first hand experience of what Google+ is about and size up his competition which, by all means, is formidable. Boris Veldhuijzen van Zanten, the man behind Social Statistics, says: "It makes sense that he wants to check it out. Everyone wants to keep an eye on the competition."

Facebook, Apple, Google, and Microsoft are all interested in social networking services because of the potential benefits of the huge data that people share publicly on these services. Facebook has had an advantage in the game so far - and now Google is concerted in its ambition to challenge Zuckerberg's Facebook posing the first serious potential threat to the hitherto unrivalled monopoly of social networking services by Facebook and Zuckerberg.

Facebook, for its part, has blocked an add-on application (for Google Chrome) created by an independent developer for exporting Facebook contacts to Google+. It is possible that Facebook has taken measures to block similar applications for other browsers. Well, Facebook isn't quite expected to hand success to Google on a platter, is it?!

The future, as they say, looks interesting!