Google’s Q2 2014 earnings deliver $15.96 billion in revenue

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Google has just released results for its second quarter of 2014 today. It made revenues of $15.96 billion, a 22 percent increase over the same period last year. It made $3.42 billion in net income, which is slightly down quarter over quarter. It’s a miss from analyst expectations on income, though revenue is slightly better than expected. Google’s chief business officer, Nikesh Arora, will also be leaving the company to go work for SoftBank. He’ll be replaced by Omid Kordestani, who CEO Larry Page describes as “one of my closest advisors.”

Most analysts weren’t expecting big news from Google today, and the collective shrug at the company’s trend over the past couple of quarters culminated in disappointment over last quarter. The most…

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