Google reports strong second-quarter earnings

Google has reported strong second-quarter earnings during the current fiscal.

For the quarter ended June 30, the Internet search giant posted revenue of $10.96 billion, representing a 21-percent increase over the second quarter of 2011, reported Xinhua.

The company said the EPS (earnings per share), excluding certain items, reached $10.12, compared to $8.74 in the like period last year.

Google introduced the small screen tablet Nexus 7 in late June, and completed its acquisition of Motorola Mobility May 22.