Google Announces 2Q Results

Google announced its second-quarter financial results Thursday, posting $5.52 billion in revenue, up 3% from the year-earlier quarter; GAAP operating income of $1.87 billion, or 34% of revenues, versus $1.58 billion (29%) in the second quarter of 2008; and GAAP net income of $1.48 billion compared with $1.25 billion in the year-ago period.

The company said Google-owned sites generated $3.65 billion in revenue; partner sites generated $1.68 billion through AdSense; and the company pulled in $2.91

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