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Google announces Q1 2012 profits along with a 2-for-1 stock split

Google announces Q1 2012 profits along with a 2-for-1 stock split

Google has released its first-quarter 2012 earnings results and as expected, there are a lot of zeros in them just to say the least. According to the report, Google’s revenue was at $10.65 billion for Q1 2012, 24 percent higher than in Q1 2011. Cash on hand at the end of March was $49.3 billion, and Google added about 600 jobs in Q1. Additionally, Google announced what essentially is a 2-for-1 stock split, creating a new class of non-voting capital stock that will be awarded via a dividend to existing stockholders in a one-to-one manner. Q1 Financial Highlights at a glance Revenues – Google reported revenues of $10.65 billion in the first quarter of 2012, representing a 24% increase over first quarter 2011 revenues of $8.58 billion. Google reports its revenues, consistent with GAAP, on a gross basis without deducting TAC. Google Sites Revenues – Google-owned sites generated revenues of $7.31 billion, or 69% of total revenues, in the first quarter of 2012. This represents a 24% increase over first quarter 2011 revenues of $5.88 billion. Google Network Revenues – Google’s partner sites generated revenues of $2.91 billion, or 27% of total revenues, in the first quarter of 2012. This represents a 20% increase from first quarter 2011 network revenues of $2.43 billion. International Revenues – Revenues from outside of the United States totaled $5.77 billion, representing 54% of total revenues in the first quarter of 2012, compared to 53% in the fourth quarter of 2011 and 53% in the first quarter of 2011. Excluding gains related to our foreign exchange risk management program, had foreign exchange rates remained constant from the fourth quarter of 2011 through the first quarter of 2012, our revenues in the first quarter of 2012 would have been $79 million higher. Excluding gains related to our foreign exchange risk management program, had foreign exchange rates remained constant from the first quarter of 2011 through the first quarter of 2012, our revenues in the first quarter of 2012 would have been $67 million higher. Revenues from the United Kingdom totaled $1.15 billion, representing 11% of revenues in the first quarter of 2012, compared to 11% in the first quarter of 2011. In the first quarter of 2012, we recognized a benefit of $37 million to revenues through our foreign exchange risk management program, compared to $14 million in the first quarter of 2011. A reconciliation of Google’s non-GAAP international revenues excluding the impact of foreign exchange and hedging to GAAP international revenues is included at the end of this release. Paid Clicks – Aggregate paid clicks, which include clicks related to ads served on Google sites and the sites of our...

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Call of Duty® ELITE app for Android

Call of Duty® ELITE app for Android

Call of Duty: Elite is an interesting app for all the fans of the COD series. A new digital service that launched with Modern Warfare 3 (but is also backwards compatible with Call of Duty: Black Ops, and will be supported by all future Call of Duty/Modern Warfare titles), is designed to keep you playing the online component of Modern Warfare 3 even longer than you were actually planning to by teaching different ways to improve your online shooting techniques, connecting you with other like-minded players and challenging you to compete for real world prizes. Available as a downloadable in-game add-on for the Xbox 360 and PS3, a web client for the PC and as an iPhone app (with an Android build in the pipeline, as well as tablet versions too), Elite is a two-tier system that has both free-to-use features and premium, members-only content too. First off, lets have a look at what you get absolutely free with Call of Duty: Elite. Split into three core sections, we’re going to start with the area we feel you’ll spend most time in: Improve. This area gives you access to more stats than you could possibly track manually, and is like Rain Man’s wet dream, were he to have an interest in sub machine guns. Tracking your entire Modern Warfare/ Black Ops career, it has detailed information on every map you’ve played, who killed you where, what gun they used, where you spent most of your time hiding and so on and so forth. There’s information on your accuracy with each weapon, which is your proffered weapon, how best to wield it, and detailed explanations of every gun’s pros and cons. A mixture of graphs, charts, tutorial videos and user-generated hints and tips, it’s like having a personal trainer purely to up your online game. Spend time exploring the reams of information offered here and you’ll be top of the deathmatch leaderboards in no time at all. Next up is Connect. Here you can track all your Xbox Live pals, as well as random gamers you’ve encountered in-game, and compare your stats to theirs. You can create and join groups, browsable via tags, which we think could create some really excellent rivalries online. Just imagine a “West Ham United” group organising a team deathmatch against a “Millwall FC” group (actually don’t – that could cause real-world bloodshed) . There’s even Facebook integration, telling your Modern Warfare-playing friends when you’re online through Zuckerberg’s network and vice versa (though we’re not sure we like the idea of our hot Facebook pals knowing we’re such massive Xbox Live dorks). Lastly, the Compete section. Each week the developers over...

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Super Extended Battery w/NFC

Super Extended Battery w/NFC

Seidio has always come up with innovative and useful accessories for phones and tablets alike, from covers to holsters to nifty portable chargers and docks. Earlier this year at the CES (Consumer Electronics Show) 2012, Seidio released their Charging Vault, which was applauded by many critics. Now a days one of the major issues a person has when using a dual or a quad core smartphone is the battery life. Goes down from 100 to 20 in half a day with full usage, and this happens faster if you are using a 4G LTE enabled phone. Well, for that purpose a lot of companies started making more powerful batteries, but drawback was that the new batteries were not compatible. Seidio have outdone themselves again with the introduction of the new  Innocell 3800mAh batteries with built in NFC circuitry. The battery is made for Verizon’s Galaxy Nexus, and is available for U.S $75. According to a Seidio spokesperson:   When you can’t get to an outlet, our Innocell Super Extended Life Batteries will keep you moving forward. Our Extended Life Batteries utilize premium Japanese cells to ensure the highest levels of safety and performance. Super Extended Life Batteries can offer up to 100% more battery life than your stock battery.   We all know that 4G LTE network sucks on battery life like its no tomorrow, so this would be a BIG sigh of relief for people who are currently using Verizon’s Galaxy Nexus 4G. Seidio is sure not to stop with its inventions, lets see what they come up with for later this year....

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A Cloud Music Sniper in Android Market

A Cloud Music Sniper in Android Market

Cloud Music Sniper is one of the popular music apps that are now available in the Android market for download. One of the major uses of Cloud Music Sniper is that it gives the users ability to gain access to their Google Music Collection that has been designed for playback in the music app. This is done by ‘Sniping’ the Google Music’s cached library. Some of the major advantages of using Cloud Music Sniper are as follows: The favorite tracks that have been stored offline by means of using Google Music can be played in PowerAMP as well as CyanogenMod’s music player and even in stock music player etc Users will be able to see that all the id3 info is kept completely intact with album artwork that is used for booting The Cloud Music Sniper is available for download from the Android Market at a reasonable price tag of...

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HTC Quad Core Phone Named as HTC One X

HTC Quad Core Phone Named as HTC One X

There has been a lot of rumors surrounding the release of the first quad core smartphone by HTC that is expected to make its debut in the Mobile World Congress. Many analysts stated that the name of the smartphone will be HTC Edge or HTC Endeavor. But now the latest news is that the device is expected to be released with the official retail name as HTC One X. The device is expected to arrive with lot of advanced features as well as specifications. Some of the key features that are expected to come with HTC One X include; Screen display size of 4.7 inches Tegra 3 quad-core processor 8 mega pixel camera Thinner and stylish design HTC is sure to create waves across the smartphone industry once they launch their products in the Mobile World Congress. HTC has earlier announced that they will be focusing more on quality rather than quantity....

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Microsoft OneNote in Android Now

Microsoft OneNote in Android Now

Microsoft is all set to launch its latest OneNote application for the android devices. OneNote is a wonderful note taking app that has been designed for android devices. One of the main goals of Microsoft is to help the users who already make use of the desktop software to sync and carry the notes while on the go by means of using SkyDrive. Some of the key features of OneNote app include; Typing out the text Inserting Pictures Bullet Points Check Boxes Store up to 500 notes Edit up to 500 notes It has to be taken note that the app is allowed to store and edit up to 500 notes which increases the chances of paying more if you are the user who is looking out for unlimited usage of the app. Microsoft seems to be increasingly banking on this segment to surpass the popular note taking apps such as Evernote, Springpad etc. The app is available for free test run in the Android...

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