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Google's 2Q results better than expected

(Paul Sakuma)

July 15, 2011 12:00:00 AM PDT
Google Inc.'s second quarter earnings were far better than analysts expected.

New CEO Larry Page took over at the beginning of the quarter.

The company earned $2.5 billion from April to June. That's a 36 percent increase from a year ago.

The company credits the increase to better ad sales.

Page also announced that the company's newest venture, a social networking site called Google Plus, already has 10 million members. The site launched two weeks ago.