Google released its revenue reports for Q1. There was little surprise to see that there was a 27% growth compared to Q1 in 2010. However, Google failed to meet their expected profit after a surge in expenses.
The amount earned was slightly less than expected, although there has been a rise in revenue and almost 15% increase in net income. The discrepancy was due to a drop in shares of almost 5% and an increased investment in hiring and marketing.
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